1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
NemiM [27]
4 years ago
15

Robert wants to start an independent recording studio. In order to finance his start-up, Robert seeks help from Esther, a succes

sful business magnate. Esther agrees to fund Robert's venture as long as she receives a 20% share of the profits made by Robert. In the given scenario, Robert receives the financial resources to start his business:
Business
1 answer:
Igoryamba4 years ago
8 0

Answer:

from an angel investor

Explanation:

Based on this information it can be said that Robert receives the financial resources to start his business from an angel investor. An angel investor is an individual that has a large amount of money and decides to provide financial backing to a specific small startup business or entrepreneur in order for them to get their vision up and running, in exchange for a percentage of the company. In this specific scenario the Angel Investor was Esther, who supplied Robert with the resources necessary in exchange for a 20% cut of the business.

You might be interested in
The donut stop acquired equipment for $19,000. the company uses straight-line depreciation and estimates a residual value of $3,
alexandr402 [8]
The change in accounting estimates such as the life and residual value of a depreciable asset should be applied prospectively. During years 1 & 2, the depreciation is $4,000. However, at the end of year 2, the life of the asset was changed to 6 years and residual value is reduced to $1,200.

Thus, the depreciation starting year 3 is $2,450 computed as:

Cost of asset                               $19,000
Less: Depreciation (2 years)          8,000
Book Value                                  $11,000
Divide by remaining life                     4 years
Depreciation                                $2,750

6 0
4 years ago
Read 2 more answers
Job 593 was recently completed. The following data have been recorded on its job cost sheet: Direct materials $2,472 Direct labo
PilotLPTM [1.2K]

Answer:

<em>Total Cost Job 593 6557</em>

Explanation:

<em>Job 593</em>

cost = materials + labor + overhead

DM 2,471

DL 1,406 ( 74 labor hours x $19 labor rate)

FO 2,680 (134 machine hours x 20 FO rate)

Total Cost 6557

<u>Remember, </u>for Direct Labor and machien hours, you needto multiply the amount of hour applied in the job by the rate.

3 0
3 years ago
Your friend asks you to help her babysit and will pay you 3 pennies for the first job. you agree to help if she triples your pay
dolphi86 [110]
If it triples each time you will get 19683 pennies
8 0
4 years ago
Jasper Carts manufactures custom carts for a variety of uses. The following data have been recorded for Job 651, which was recen
SpyIntel [72]

Answer:

The right answer is "$14,496".

Explanation:

The given values are:

Direct material cost,

= $7700

Labor hours,

= 178

Wage rate,

= $22 per hour

Machine hours,

= 90

Predetermined overhead rate per machine,

= $32

Now,

The direct labors cost will be:

= Labor \ hours\times wage \ rate

= 178\times 22

= 3,916 ($)

Mfg. overhead costs will be:

= Machine \ hours\times Predetermined  \ overhead \ rate

= 90\times 32

= 2,880 ($)

So,

The total manufacturing cost will be:

= 7700+3916+2880

= 14,496 ($)

3 0
3 years ago
Countries around the world specialize production, and trade with other countries based upon
damaskus [11]

Answer:

Comparative advantage

Explanation:

The basic method to choose a country to trade with is to have a comparative advantage in products. When a country has a comparative advantage it helps to attain certain goods which are not produced domestically, and to export goods which are not produced in the other country. A comparative advantage helps to export goods and services at lower prices and better quality to attain the maximum market share in the exporting country.

8 0
3 years ago
Other questions:
  • Weber Company purchases $50,300 of raw materials on account, and it incurs $63,900 of factory labor costs. Supporting records sh
    8·1 answer
  • Old Main Co. has some expenses and revenue in Mexican Peso. If its expenses are more sensitive to exchange rate movements than r
    14·1 answer
  • The Bradshaw Company's most recent dividend was $6.75. The historical dividend payment by the company shows a constant growth ra
    11·1 answer
  • Ha-joon, a middle manager at FirstTier, Inc., is engaged in a product development project. He has been associated with the proje
    6·1 answer
  • A government that wants to keep prices stable would most likely take which action?
    7·1 answer
  • Which of the following statements concerning capital structure theory is NOT CORRECT?
    15·1 answer
  • Molo Oil Company produces gasoline, home heating oil, and jet fuel from crude oil in a joint processing operation. Joint process
    8·1 answer
  • Feldpausch Corporation has provided the following data from its activity-based costing system:Activity Cost Pool Total Cost Tota
    5·1 answer
  • I WILL GIVE BRAINLIEST
    5·1 answer
  • The total number of africans forcibly brought to all of the americas as slaves is estimated to have been as many as?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!