Answer:
The correct answer is letter "C": undertake projects that create wealth and increase the value of resources.
Explanation:
Entrepreneurs are individuals who are constantly looking for unsatisfied needs. They see these scenarios as opportunities from where a venture must be born to cover unattended sectors of the market. In most cases, entrepreneurs use the help of investors to fund their projects.
<em>Stakeholders tend to be focused on their own interests, thus, the business plan presented by entrepreneurs must show how the new entity plans to generate wealth based on increasing the value of certain resources that efficiently satisfy consumers' needs.</em>
Answer:
=$854,000
Explanation:
The cost of goods sold is the expense incurred by a manufacturing firm when making goods to be sold to customers. It is calculated using the formula.
Cost of goods sold = Beginning Stock plus purchases/ cost of goods manufactured minus ending stock
Marigold Corp:
Beginning stock: $162,000
Ending stock: $174,000
cost of goods manufactured, $866000;
cost of goods sold =
$162,000 + 866,000 -$174,000
=$854,000
A company might want to go for an open office layout because they want to foster creativity and collaboration
See the explanation bellow
<h3>The reason companies choose an open office layout</h3>
Although this type of layout has its own disadvantages one especailly is dealing with a noisy work floor, however, its has proven to be more advantageous in that it promotes collaboration and good work culture among staffs and co-workers.
In recent times, the agile method of product delivery suggests the open work floor as against the cubicle type of office space because it works best in a fast pace working environment.
Learn more about open office layout here:
brainly.com/question/2619283
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The personal income is $700.
GIven:
Disposal personal income (dpi) = $800
Personal income taxes = $100
Solution:
Disposal personal income minus personal income taxes.
$800 - $100 = $700
So, the personal income or pi is equal to $700.
Answer:
D. A credit to Other Financing Sources for $5,000.
Explanation:
As the equipment is used for governmental service and sold, the journal entry to record the disposal is as follows:
Debit Cash $15,000
Debit Accumulated Depreciation $30,000
Credit Equipment $40,000
Credit Gain on sale of equipment $5,000
Calculation: Book value of equipment = Cost price - Accumulated depreciation = $40,000 - $30,000 = $10,000
Therefore, Gain on sale of equipment = Disposal value - Book value = $15,000 - $10,000 = $5,000.
Therefore, option A is correct. Option B is also correct. Option C is also correct. Therefore, option D is not correct and it is the answer as it will not include in the journal.
