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Irina18 [472]
3 years ago
7

Michael Peters is a middle-aged professional who lost his job five months ago when his former employer downsized. He’s been ac

tively looking for work at all of the nearby companies, but he hasn’t been able to find a job that truly uses his talents or abilities, or that offers an income anywhere close to what he earned in his previous position. He is beginning to feel that the only way to survive in his current situation is to start his own business. Michael might well become a(n):______________
Business
1 answer:
Lerok [7]3 years ago
6 0

Answer: necessity entrepreneur

Explanation: While an entrepreneur is described as someone who organizes and operates a business venture and assumes much of the associated risks, necessity entrepreneurs only do so out of necessity (the quality or state of being necessary, unavoidable, or absolute requisite). As such, they are individuals ranging from educated persons to street sellers especially in developing countries who create small businesses or enterprises out of the need to survive. In Michael Peters' case, he lost his job due to downsizing which caused him to apply his skills and talents to starting up a business.

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a work group of 20 employess should be more cohesive than a work group of 10 employess. Ture or false
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false,since the less the number the more cohesion

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Examine this supply and demand graph for a product. What does the red dot
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The product’s equilibrium price

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3 years ago
Total assets of Charter Company equal $700,000 and its equity is $420,000. What is the amount of its liabilities? b. Total asset
guajiro [1.7K]

Answer:

a. Total liabilities = $280,000

b. Total liabilities = $250,000

Total equity -= $250,000

Explanation:

As we know that

Total assets = Total liabilities + shareholder equity

So in the first case

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Total liabilities = Total assets - Total equity

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And, in the second case, the total assets is $500,000

And, the liabilities and equity amounts are equal to each other

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3 0
3 years ago
Income Statement Imaging Services was organized on March 1, 2018. A summary of the revenue and expense transactions for March fo
IrinaVladis [17]

Answer:

Total Expense:      $ 347,000

Income:    $ 135,000

Explanation:

<u><em>Income Statement Imaging Services </em></u>

<u><em>For the Month Ended March 31, 2018</em></u>

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Supplies expense                                           $3,600

Miscellaneous expense                                   $1,900          

Total Expenses                                                                         $ 347,000

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7 0
3 years ago
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And, for conversion cost

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5 0
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