Entrepeneur is a person who organizes, operates, and assumes the risk for a business venture so a cleaning supplies business is run by an entrepreneur. But a musician also operates a business and assumes risk. In my opinion both are entrepreneurs. But the person with the cleaning bisiness is for sure!
Answer:
Maximum price= $11.9
Explanation:
Giving the following information:
Assuming a production level of 6,300 units:
Direct materials $ 4.20
Direct labor $ 4.30
Variable manufacturing overhead $ 3.40
The fixed overhead costs are unavoidable
Because the fixed overhead costs are unavoidable, we will concentrate on the variable costs.
The maximum price would be the total variable cost:
Total variable cost= 4.2 + 4.3 + 3.4= $11.9
Maximum price= $11.9
It would be A. Hope this helps
Answer:
Unter Corporation
1. The payback period of the investment is:
= 5 years.
2. No. The payback period would not be affected if the cash inflow in the last year were several times as large. The payback period was reached in the 5th year, which is half-way before the last year. As it stands, no cash inflows after the 5th year will have any impact on the payback period.
Explanation:
a) Data and Calculations:
Cash flows:
Year Investment Cash Inflow Cumulative inflow
1 $ 42,000 $ 3,000 $3,000
2 5,000 $ 6,000 9,000
3 $ 12,000 21,000
4 $ 14,000 35,000
5 $ 16,000 51,000
6 $ 15,000
7 $ 13,000
8 $ 11,000
9 $ 10,000
10 $ 10,000
Total $47,000 $110,000
The correct answer is a trade name.
A trade name is just another way of saying a business name. Since Trevor owns a business, he needs to name is somehow so that he can fill in all paperwork and people will be able to know what business they are going in. His business, or trade name in this case is "The Spicy Chocalatier Cafe."