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GrogVix [38]
3 years ago
10

The _______ is the price of labor

Business
1 answer:
Andrei [34K]3 years ago
8 0

The Money is the price of labour


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Select the true statement(s) about entrepreneurs. Entrepreneurs usually wind up making a lot of money. A small business owner ma
charle [14.2K]

Answer:

Answers B,C, and D are all correct.

Explanation:

An entrepreneur is anyone who organizes and operates a business and takes on great financial risks, usually when we envision an entrepreneur we see a business tycoon sitting on top of a mountain of money, but this is not the case the majority of the time. this means the only answer that doesn't fit the entrepreneurial criteria is that they make a lot of money.

6 0
4 years ago
Racine started a new business in the current year. She incurred $52,000 of start-up costs. If her business started on November 2
Lerok [7]

Answer:

$3,544

Explanation:

The maximum immediate expenses amount of $5000 phases out for dollar if more than $50,000 of start-up cost are incurred. Thus, the immediate expensing is  $3,000

   ($5000 - ($52,000 - $50,000))

∴ ($5000 - ($2000) = $3000

The amortization is $544

($49,000/180) × 2 months

= $544

The total amount she may deduct = $3000 + $544 = $3544.

3 0
4 years ago
Gina Baccardi is an accounting intern working under the tax accountant for Starlight Fashions, a clothing manufacturer, in New Y
vagabundo [1.1K]

Since he is working as a tax accountant for Starlight Fashions which is a clothing manufacturer, his salary would be classified as period cost..

<h3>What is period cost?</h3>

In preparation of financial account, a period cost refers to a cost that cannot be capitalized into prepaid expenses, inventory, fixed assets etc

In conclusion, because works as a tax accountant for the clothing manufacturer, his salary would be classified as period cost.

Read more about period cost

<em>brainly.com/question/24470417</em>

4 0
2 years ago
A popular hotel in New Jersey has a culture that requires all employees to focus on creating value for guests. One way this is i
Tomtit [17]

<u>Answer:</u>

<em>His company embraces </em><u><em>d) Customer orientation</em></u>

<em></em>

<u>Explanation:</u>

Consumer orientation sets up, screens models of consumer loyalty, and endeavors to address the customers' issues and desires identified with the "product or service" sold by the business.

For consumers, a credit rating decides the amount you pay for specific products. Now and again, it might even affect your odds in acquiring the business. A financial assessment gives loan specialists a thought of your credit hazard and value. Before FICO assessment was created, customers hoping to receive credit experienced a procedure that was considered unjustifiable and conflicting.

6 0
3 years ago
Which of the following statements about investing is TRUE?
Bad White [126]

Answer:

3. Investing is riskier than putting money in a savings accounts.

Explanation:

Investing involves putting money in profits generating ventures. It is risky because the money invested may be lost should the venture make losses instead of profits. Investments activities include buying of shares and other marketable securities or starting and operating a business. Should the business or investment do well, the returns or profits can be attractive.

Saving is putting money aside for future consumption. Saving may be done through savings accounts that as safe and secure. Money saved is risk-free. The possibility of losing it is very minimal. Because money saved is kept safe, it does not generate much income for the owner.

3 0
3 years ago
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