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Rasek [7]
4 years ago
15

Which of the following actions differentiates an entrepreneur from other small business owners?

Business
1 answer:
Ivahew [28]4 years ago
6 0

Answer:

the person makes his own decisions regarding the business

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Baker Mfg Inc. wishes to compare its inventory turnover to those of industry​ leaders, who have turnover of about 13 times per y
Iteru [2.4K]

Answer:

inventory​ turnover = $15.879

Explanation:

given data

Net Revenue = ​$27,500

Cost of sales = ​$19,690

Inventory ​= $1,240

Total assets = ​$17,990

assets invested = 8%

to find out

Baker's inventory​ turnover

solution

we will apply here formula for  inventory​ turnover that is express as

inventory​ turnover = \frac{cost of goods sold}{Inventory investment}   ..........................1

put here value we get

inventory​ turnover = \frac{19,690}{1240}

inventory​ turnover = $15.879

8 0
3 years ago
A local farmer grows and sells corn and pumpkins to the local grocers. Look at the farmer's business as a system. In which categ
Andreas93 [3]

Answer:

The correct answer is letter "E": output.

Explanation:

The output is the number of goods or services produces by an organization given a specific period. The output is expressed in monetary value and is usually compared to the costs it took to produce the goods or services. The output does not necessarily imply talking about material goods. The output is intangible as well.

Thus, <em>the pumpkins production profits and losses of a farmer are considered as part of the output of an economy</em>.

3 0
4 years ago
The auditor should perform tests of controls when the auditor's assessment of the risks of material misstatement includes an exp
morpeh [17]

The auditor should only perform tests of control when the procedure of which are substantive alone are not enough to provide sufficient evidence in which should be at the relevant assertion level and by that, the auditor should perform test on the controls.

5 0
3 years ago
Robert is writing a report about ty cobb, a famous baseball player, and needs to gather information. he types "ty cobb" into his
Mkey [24]
Had to look for the missing options and here is my answer.

Based on the given scenario above about Robert who did an internet search about TY Cobb, he is most likely using a SEARCH-RESULTS PAGE or the Search Engine Result Page (SERP). This is the first page that you will see when you enter something as a query. Hope this answers your question.
8 0
3 years ago
As the dollar price of a foreign currency (for example, dollars per yen) decreases, foreign goods will be __________ expensive,
jasenka [17]

Answer:

Less; more; more.

Explanation:

Depreciation can be defined as a process in which the monetary or financial value with respect to an asset decrease or falls over time as a result of wear and tear.

This ultimately implies that, depreciation is a process which typically involves the general fall in the value of an asset such as currency, plant equipment or machinery etc over a specific period of time.

Basically, in a floating exchange rate system, a fall or decline in the value of a currency with respect to another currency is generally referred to as currency depreciation.

As the dollar price of a foreign currency (for example, dollars per yen) decreases, foreign goods will be less expensive, more foreign goods will be purchased, and more foreign currency will be demanded.

<em>Hence, if the currency of a foreign country is depreciating, this should stimulate import (more foreign goods will be purchased) because these foreign goods will become relatively less expensive as a result of a fall or decline in the currency and vice versa. </em>

3 0
3 years ago
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