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3 years ago

Entrepreneurs and other producers accept risks because they hope to earn _____.pricespatentsprofits

Business

2 answers:

mixer [17]3 years ago

6 0

Entrepreneurs and other producers accept risks because they hope to earn Profits

sveta [45]3 years ago

3 0

Answer:

Profits

Explanation:

-Price refers to the amount that is charged for a product or service.

-Patent is an exclusive right the owner of an invention gets for a number of years.

-Profit is the income the owner of a business gets after all the costs, expenses and taxes are deducted.

Considering the definitions and that entrepreneurs and other producers accept risks because they hope to get a financial benefit, it can be said that the answer is profits.

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The primary objective of financial reporting is to provide information:___________.

zimovet [89]

Answer:

b. Useful to capital providers.

Explanation:

Financial reporting can be defined as the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors.

The objective of financial reporting include all of the following to provide information that:

1. Is useful to those making investment decisions. This information would help creditors to determine whether they should lend to a client or not; or assist investors in deciding whether they should invest in a business or not.

2. Is useful to those lending out money to business entities. When investors and creditors are well furnished with financial information about an organization, they would be able to assess the amounts of cash, timing, and uncertainty of cash flows from dividends or interest.

3. Is useful to creditors in making decisions about providing resources to business entities.

Hence, the primary objective of financial reporting is to provide information useful to capital providers.

Additionally, financial accounting standards board (FASB) is a private, non-profit organization saddled with the responsibility of establishing and maintaining financial accounting and reporting standards for general guidance of individuals or capital providers such as investors, issuers and auditors.

6 0

4 years ago

g on april 12, hong company agrees to accept a 60-day, 10%, $4,700 note from indigo company to extend the due date on an overdue

tamaranim1 [39]

Debit Accounts Payable $4,500; credit Notes Payable $4,500.

In this case, accounts payable which have credit will be replaced by Notes payable. Hence accounts payable will be debited and notes payable will be credited.

A transaction is a finished settlement between a buyer and a seller to change items, offerings, or economic belongings in go back for cash. The term is also generally used in corporate accounting. In commercial enterprise bookkeeping, this undeniable definition can get difficult.

Primarily based on the alternative of cash, there are three sorts of accounting transactions, particularly coin transactions, non-cash transactions, and credit score transactions.

Transaction process is a time period that refers to the adding, converting, deleting, or searching up of a record in an information record or database via coming into the information at a terminal or computer

Learn more about transactions here:-brainly.com/question/1016861

#SPJ4

4 0

1 year ago

An electronic firm invested $60,000 in a precision inspection device. It cost $4000 to operate and maintain in the first year an

Anon25 [30]

Answer:

$9,287.63

Explanation:

Data provided in the question:

Amount invested = $60,000

Operating cost for the first year = $4000

Operating and maintaining cost after 1 year = $3,000

Selling price = $60,000

Now,

Amount paid extra in the year 1 = $4,000 - $3,000

= $1,000

EUAC ($)

= $60,000 × A/P(10%, 4) + $3,000 + $1,000 × P/F(10%, 1) × A/P(10%, 4) - [ $60,000 × P/F(10%, 4) × A/P(10%, 4) ]

= [ $60,000 × 0.3155 + 3,000 + 1,000 × 0.9091 × 0.3155 ] - [ 60,000 × 0.6830 × 0.3155 ]

= [ $18,930 + $3,000 + $286.82 ] - [ $12,929.19 ]

= $9,287.63

5 0

3 years ago

Determine the average rate of return for a project that is estimated to yield total income of $402,300 over five years, has a co

spayn [35]

Answer: 27%

Explanation:

The Average rate of return is calculated by;

= Estimated Average Annual income / Average Investment

Estimated Average annual income = Total income/ years income is accrued

= 402,300/5

= $‭80,460‬

Average Investment = (Initial cost + Residual value) / 2

= (524,500 + 71,500) / 2

= $‭298,000‬

Average rate of return = 80,460/298,000

= 0.27

= 27%

8 0

3 years ago

Moore's law states that every 18 months, the computing speed of a microchip doubles.

horrorfan [7]

Answer: The price level falls and output rises.

Explanation:

According to Moore's law, it is stated that the computing speed of a microchip doubles every 18 months. According to Moore, this will increase thespeed and capability of computers and also bring about lesser pay for the computers.

The effect of this on the economy is that it will lead to a fall in price level and increase in output as there will be faster and cheaper production. This can be shown in the diagram attached.

5 0

3 years ago