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3 years ago

Which is a benefit of entrepreneurship?

Business

2 answers:

Olin [163]3 years ago

3 0

Most probably B. What does Unc mean in question A?

ElenaW [278]3 years ago

3 0

B is the answer to this question. Hope this helps!

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When Acme Dynamite produces 250 units of output, its variable cost is $2,000, and its fixed cost is $500. It sells each unit of

DaniilM [7]

Answer:

The firm will continue to produce in the short run.

Explanation:

Given the number of units produced by Acme Dynamite = 250 units.

The variable cost of producing the 250 units = $2000

The fixed cost = $500

The selling price = $25 per unit.

The new price after the fall in price = $10

Total revenue from the selling of 250 units = 250 × 10 = $2500

Since the revenue received is covering the variable cost and fixed cost. Thus, the firm will produce or continue to produce in the short run.

7 0

3 years ago

In regards to benchmarking, which of the following statements is correct?

Vitek1552 [10]

Answer:

C. Risk Management Association provides common-size statements for most industries.

Explanation:

Benchmarking is a process of comparing a company's performance or processes to the best practices in the industry or a competitor. Benchmarking is a way to determine company's abilities and weaknesses, in order to improve its internal processes and functions.

The industry average serves as a useful tool for the companies to benchmark their performance. For this purpose Risk Management Association provides common-size statements for most industries to evaluate their company.

7 0

3 years ago

Read 2 more answers

A distributor of large appliances needs to determine the order quantities and reorder points for the various products it carries

Mkey [24]

Answer:

a. 32 refrigerators

b. 29 refrigerators

Explanation:

a. The computation of the economic order quantity is shown below:

$= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}$

$= \sqrt{\frac{2\times \text{500}\times \text{\$100}}{{\$500 \times 20\%}}}$

= 32 refrigerators

b. Now the reorder point is

= Annual demand ÷ total number of days in a year × lead time + (service level × standard deviation for the lead time)

= 500 units ÷ 365 days × 7 days + (1.90 × 10 units)

= 9.59 + 19

= 29 refrigerators

4 0

4 years ago

Theresa’s Flower Garden has 750 bonds outstanding that are selling for $989 each, 2,500 shares of preferred stock with a market

Sidana [21]

Answer:

weight of preferred stock = 4.63 %

Explanation:

given data

Number of outstanding bonds = 750

selling price = $989 each

preferred stock = 2,500 shares

market price = $47 a share

number of common stock = 30,000

common stock valued = $56 share

solution

we first get here total market value that is express as

total market value = Number of outstanding bonds × selling price per bond + number of preferred stock × market price per share + number of common stock × par value per share ......................1

put here value and we get

total market value = 750 × $989 + 2,500 × $47 + 30,000 × $56

solve it we get

total market value = $2539250

and

here now we get weight of preferred stock that will be

weight of preferred stock = Total value of preferred stock ÷ total market value × 100 .........................2

put here value

weight of preferred stock = ( 2,500 × $47 ) ÷ $2539250 × 100

weight of preferred stock = 4.63 %

7 0

3 years ago

The opportunity cost of attending college is:

Sidana [21]

Answer:

1. lost wages from not working full time.

Explanation:

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.

A person usually has to decide between working and going to school.

If the person decides to go to school, the opportunity cost is the wages forgone .

Travel expenses, tuition, and books are the real costs of attending college .

I hope my answer helps you

8 0

3 years ago