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Romashka [77]
4 years ago
13

Todd Williamson and Jim Miranda started their business, Broad Reach Sailing, as a way to earn a living doing something they love

. Which of the following is not a reason why entrepreneurs like Todd and Jim are willing to take the risk of starting and running a new business?
A. Opportunity for success
B. Profit
C. More leisure time
D. Challenge
E. Independence
Business
1 answer:
Helga [31]4 years ago
7 0

Answer:

C. More leisure time

Explanation:

Leisure time is the time spent away from work, business, school, or doing domestic chores. Spending time in necessary activities such as eating or sleeping is not leisure. Leisure activities include cycling, taking holidays, hiking, or cycling.

Starting a business is not a leisure activity. Engaging in recreation activities away from the enterprise is leisure.

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True or false: a decrease in supply of notebooks lowers the quantity of notebooks supplied but not the quantity demanded
Elden [556K]
<span>This is a true statement. When the supply of notebooks is decreased in the market, this would consequently cause the quantity that is supplied or available to simultaneously go down, despite the fact that the demand remains unchanged as a result of continued need for the item.</span>
3 0
3 years ago
Read 2 more answers
A classified income statement has four major sections—operating revenues, cost of goods sold, operating expenses, and non-operat
Advocard [28]

Answer: False

Explanation:

The statement in the question that a classified income statement has four major sections which are the operating revenues, cost of goods sold, operating expenses, and non-operating revenues and accounts receivables is not true.

It should be noted that a classified income statement is made up of the revenue, the expenses and the non operating revenues and expenses.

3 0
3 years ago
Brady corp. is considering the purchase of a piece of equipment that costs $20,000. projected net annual cash flows over the pro
katovenus [111]

Answer:

B

Explanation:

Payback period is the total time it takes an organization to recover the initial capital incurred in acquiring an asset.

It is expressed in years and fraction of years.

Initial investment    20,000

Year 1                                                 3000               17000

Year 2                                                 8000               9000

Year 3                                                 15,000

9000/15000= 0.6 years

The payback period = 2.6 years

5 0
4 years ago
What is a Private Carrier?​ a. ​a trucking firm whose name does not appear on the equipment b. ​a trucking operation that only h
mina [271]

Answer:

The correct option is (b)

Explanation:

Private carrier is an organization that transports only the products produced by firm that own it.

Such organization's primary business activity is not transporting products from one place to another. In other words, these carriers do not transport goods of other companies.

Companies find having their own carriers cost effective as compared to hiring one.

Therefore, private carrier is a trucking operation that transports goods for the firm that owns it.

4 0
3 years ago
At a career fair there are two types of job seekers, ones with low experience (Elow) and those with high experience (Ehigh). 70
Ivenika [448]

Answer:

Check the explanation

Explanation:

Coaching

Implied utilization

Arrival of Elows = 70 per hour

Coaching time = 10 mins per Elow

Total Workload= 70*10 = 700 coaching mins

Available coaching hours = 11*60 = 660 mins

Implied utilization = Total demand / Available capacity

= 700/660

= 1.0606

Maximum flowrate = 660/10 = 66 Job seekers per hour ( or Elows per hour)

Actual flowrate = 66 Job seekers per hour (as this process is bottleneck)

Interview process

Total workload = 70*15+30*30

=1950 mins

Available capacity = 40*60 = 2400 mins

Implied Utilization = 1950/2400 = 0.8125

Expected interview time = (0.70*15+0.30*30)

Maximum flow rate = 2400/(0.70*15+0.30*30)

=123.0769 job seekers per hour

Actual flow rate:

Actual arrival rate of Elows (from Coaching process) =66 Elows per hour

So, Total arrivals =66+30 = 96

Since, this process has capacity more than demand

Actual flow rate = 96 job seekers per hour

kindle check the attached image below see the diagram explaming .

7 0
3 years ago
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