Answer:
The answer is $15,073.8
Explanation:
To get operation cash flow in this question, we need to first find net income because this will be an indirect method of cash flow in which operating cash flow starts from Net income.
Please refer to the attached for the calculation
Answer:
D. No legal barriers prevent a firm from entering an industry
Explanation:
Free entry means no legal barriers prevent a firm from entering an industry. Free entry offers very attractive business opportunity to the firms which want to start their business. Entrepreneurs are also facilitated with the help of free entry, they can easily start their new startups because there will be no legal barriers which can create hurdles or stops them in doing so. It is one of the basic requirements and first step if any government wants to increase SMEs and trading opportunities in their country. People feel relaxed and easy when they see free entry in their country.
Answer:
C. Unlike incumbent firms, new entrants do not have formal organizational structures and processes.
Explanation:
Having a structure and processes is good for an organization as this often guide any course of action . However, these structures sometimes seems to be too cumbersome and also take a longer process to build hence not immediately preferred by new entrants. Moreover, incumbent firms prefer incremental innovation to radical innovation due to the disruption that will be caused to existing structures if radical innovation is chosen.
For new entrants, it is somewhat easier for them to involve in radical innovation unlike incumbent firms because of absence of structure and processes which takes time to be built and implemented.
doctoral degree definitely!