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Gennadij [26K]
4 years ago
15

What can you say about entrepreneur?​

Business
2 answers:
nadezda [96]4 years ago
8 0

Answer:

An entrepreneur is an initiator, he builds and develop an idea into a productive initiative, business, or corporate body.

Bill Gates and Aliko Dangote are entrepreneurs

Explanation:

zalisa [80]4 years ago
6 0
An entrepreneur is a person who starts a business and is willing to risk loss in order to make money” or “one who organizes, manages, and assumes the risks of a business or enterprise.”
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Tami Strand’s regular hourly wage rate is $10, and she receives an hourly rate of $20 for work in excess of 40 hours. During a J
Simora [160]

Answer:

Gross earnings = $600

Net pay = $466.10

Explanation:

The computation of the gross earnings and the net pay is shown below:

Gross earnings

40 hours × $10 = $400

10 hours × $20 = $200

So, the total = $600

Since tami worked for 50 hours, 10 hours extra so $20 is paid for 1 hours extra. So, for 10 hours it would be $200

Net pay

Gross earnings                                     $600

less: federal income tax withholding   -$88

Less: FICA tax rate @7.65% on $600 - $45.90

Net pay                                                    $466.10

6 0
4 years ago
Hedman Corporation has provided the following contribution format income statement. Assume that the following information is wit
Tomtit [17]

Answer:

6%

Explanation:

The computation of the margin of safety percentage is shown below;

The Contribution margin ratio is

= Contribution margin ÷Sales

= ($675,00 ÷ $270,000)

= 0.25

Now breakeven point in dollars is

= Fixed cost  ÷ Contribution margin ratio

 = ($63,750 ÷ 0.25)

= $255,000

We know that

Margin of safety = Total sales - Breakeven sales

= ($270,000 - $255,000)

= $15,000

Now Margin of safety % is

= MOS ÷ Total sale

 = ($15,000 ÷ $270,000)

= 5.56%

= 6%

6 0
3 years ago
PROBLEM 8–31 Completing a Master Budget Hillyard Company, an office supplies specialty store, prepares its master budget on a qu
kompoz [17]

The main purpose of the sales budget is to achieve the financials objectives of the sales department.

<h3>What is a sales budget?</h3>

This refers to a financial plan that estimates a company's total revenue in a specific time period.

<h3>What is the Schedule of expected cash collections?</h3><h3>                             Hillyard Company</h3><h3>                               Sales Budget</h3><h3>                For the Quarter ended march 31</h3><h3>                                       Jan          Feb          Mar        Quarter</h3>

Budgeted Sales             $400,000 $600,000   $300,000  $1,300,000

Total Budgeted Sales   $400,000 $600,000  $300,000  $1,300,000

Read more about sales budget

<em>brainly.com/question/27207594</em>

#SPJ1

6 0
2 years ago
A Bathtub model of the start of the Great Depression would show the water level becoming lower with Investment inflow being less
Aneli [31]

Answer:

LESSER THAN

Explanation:

During the Great Depression, it was a period of recession that meant that investments were low and less than savings which meant that 'household' was unwilling to invest its money as it had lost confidence in the American economy. This will lead to Aggregate Demand being Lesser than Aggregate Supply as consumption fell drastically during the great depression

4 0
3 years ago
Given the following adjusted trial balance:
Mandarinka [93]

Answer:

The balance in retained earnings will be $3,810

Explanation:

For computing the ending balance of the retained earning, first, we have to compute the net income

So, the net income would be equal to

= Service revenue + interest revenue - Salaries and wages expense - Travel expense

= $206 + $31 - $90 - $37

= $110

Now we can find out the ending balance of retained earnings. It is shown below:

= Beginning retained earning balance + net income - dividend paid

= $3,700 + $110 - $0

= $3,810

5 0
3 years ago
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