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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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Many older companies have changed from a defined-benefit plan to a(n) ________, which is a retirement plan where workers are cre
avanturin [10]

Cash balance plan is a retirement plan where workers are credited with a part of their pay annually and a predetermined rate of interest.

<h3><u>What is a Cash balance Plan?</u></h3>

A defined-benefit pension plan with a lifetime annuity option is referred to as a "cash balance pension plan."

<h3><u>What are some features of Cash balance plans?</u></h3>
  • Based on defined-benefit needs, the financing caps, funding requirements, and investment risk are established.
  • Like a defined-contribution plan, this type of plan is managed on an individual account basis.
  • The advantage of these programs is that age-based contribution caps are available.
  • Pretax contributions enable those 60 and older to save significantly more money each year than younger people.

You can learn more about defined pension plans work using the following link:

brainly.com/question/15241364

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6 0
2 years ago
When a firm gets so large that coordination and management of workers and other inputs becomes costly and difficult, it is exper
elena55 [62]

Answer:

The correct answer is the option A: Diseconomies of scales.

Explanation:

To begin with, the concept known as <em>''diseconomies of scales''</em>, in the field of economics and management, refers to the situation where an organization finds itself in problems due to the fact that a large production is being produced by them and the coordination and management of that large production is beginning to cause trouble and that impacts in the fact that the company will produce good or services with an increase in the cost per unit of the products.

7 0
3 years ago
​Rachel's Beach Shoppe charges tourists to use their credit cards to purchase merchandise at the vacation store. On​ Monday, Rac
olga2289 [7]

Answer:

$1,479

Explanation:

For computing the total deposit, first we have to determine the bank charges which is shown below:

= Merchandise sold × bank charges rate

= $1,500 × 1.4%

= 21

Now the total amount deposited would be

= Merchandise sold - bank charges

= $1,500 - $21

= $1,479

Simply we deduct the bank charges from the Merchandise sold so that the correct amount can come.

5 0
3 years ago
According to the Principle of Utility within the ethical theory of Utilitarianism, happiness is an extermely important factor in
Daniel [21]

True.

The Principle of Utility says actions are <u>right </u>when they promote happiness or pleasure, and wrong when they cause unhappiness or pain. So in order to figure out if something is right or wrong you will first have to know if it promotes happiness.

6 0
3 years ago
Alternative Financing Plans Frey Co. is considering the following alternative financing plans: Plan 1 Plan 2 Issue 10% bonds (at
Alja [10]

Answer:

 1st Plan Earning per Share $  1.80

2nd Plan Earning per Share $ 2.30

<em>The Second Plan provides better earnings per share.</em>

Explanation:

1st Plan:

Income before Interest and taxes 1,008,000

Bonds Payable Interest:              <u>     (144,000)  </u>

Income before taxes                        864,000

Income tax expense                     <u>   (345,600)  </u>

Net Income                                        518,400

<u>Quantity of Common Stock:</u>

$ 1,440,000 / $5 = 288,000

Earing per share:

518,400 / 288,000 = $1.80

2nd Plan:

Income before Interest and taxes 1,008,000

Bonds Payable Interest:              <u>      (72,000)  </u>

Income before taxes                        936,000

Income tax expense                     <u>   (374,400)  </u>

Net Income                                        561,600

Preferred Shares Dividends            (120,000)

Available for common stock            441,600

<u>Quantity of preferred Stock:</u>

$1,200,000 / $10 =120,000 shares

Dividends on Preferred Shares:

120,000 x $1 = 120,000

<u>Quantity of Common Stock:</u>

$ 960,000 / $5 = 192,000

Earing per share:

441,600 / 192,000 = $2.30

3 0
3 years ago
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