Answer: a person who organizes and manages a business undertaking and assuming the risk for the sake of profit.
Explanation:
Answer:
Wise Tools will report a $1,000 net loss for the period ending 12/31.
Explanation:
Calculation to determine which of the statements about Wise Tools is correct
Revenues $45,000
Less Expenses ($51,000)
Less Beginning Inventory ($4,000)
Add Ending inventory $9,000
Ending Net Loss -$1,000
Therefore the correct statements Wise Tools is:
Wise Tools will report a $1,000 net loss for the period ending 12/31.
Burrows' journal entry to record this transaction will include a debit to Cash.
<h3>Journal entry:</h3>
Based on the information given if Burrows borrowed the amount of $100,000 by signing a formal agreement to repay the bank the appropriate journal entry to record this transaction will include:
Burrows journal entry
Debit Cash $100,000
Credit Notes payable $100,000
(To record notes payable)
Inconclusion Burrows' journal entry to record this transaction will include a debit to Cash.
Learn more about journal entry here:brainly.com/question/14279491
Answer: d. Entire initial investment will not be recovered.
Explanation:
The Payback period by definition is the amount of time it will take a Project to recover the initial investment into it. For example, if a project had an investment of $20 million and made $5 million every year, the Payback period would be 4 years.
Now, if the amount of time it will take to recover an investment is longer than the expected amount of time the project will run (expected useful life) then logically speaking that would mean that the Investment would not be entirely recovered because the project will be done before it can pay off the investment hence Option D is correct.
Answer:
D. Planning, estimating, budgeting, financing, funding, managing and controlling cost.
Explanation:
When you use a project management for something this is carried out by steps so these steps include all in D, because planning is the first step in any project and then the other ones because project management works in stages this makes the work easier and better understandable to carry out by other people with a single sight of the planning.
