Bayard organized, owns, and operates, Cypress Tours in the simplest form of business organization. This is called sole proprietorship.
<h3>What is a sole proprietorship in business?</h3>
A sole proprietorship is a type of business is can be managed and operated by an individual, or a business corporation. There exist no partners in the business corporation.
Therefore, we can conclude that Bayard who owns and operates Cypress TOurs in the simplest form of the business organization runs a sole proprietorship business and not a partnership, franchise, or corporation.
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Answer:
B
Explanation:
Beta of a portfolio is given by adding the some of the beta of each stock multiplied by the weights
Overall investment equals $50000+$50000=$100000
which gives Wx=50000/100000=0.5
Wy=50000/100000=0.5
Bp=Wx*Bx)+(Wy*By)
=(0.5*1.6)+(0.5*1.6)
=1.6
The expected return calculated by sum of weight multiplied by expected return
Er=(0.5*15%)+(0.5*15%)
=15%
The portfolio has a beta equal to 1.6 and expected return equal to 15%
Answer: a). Debit Factory Payroll Payable $160,000; credit Cash $160,000.
Explanation: Direct labor refers to the manpower used in production. They are the factory workers involved in using the raw materials to produce finished goods.
Expense on direct labor is provided for during the production by a debit to factory payroll expense and a credit to factory payroll payable.
As such, the journal entry will be a debit to factory payroll payable $160,000 and a credit to cash $160,000. This means cash will reduce by $160,000 as the factory workers are paid while payables which is a provision account will reduce as well on the cash book by the same amount.
Answer:
Number of air conditioners to be produced = 40
Optimal solution value = $1,900
Explanation:
See attached pictures.
Some problems that Hudson will face when they enter into the European market include:
- Competition from established industries.
- Higher cost of establishment.
- Lower profits or losses in first few years.
<h3>Why will Hudson face these problems?</h3>
Hudson would be going up against already established companies who have a loyal customer base and less costs as they do not need to pay for startup costs.
Hudson will also incur high investment costs in the areas of production and advertisement as they try to establish themselves in the European markets.
As a result of these high costs, Hudson will make losses or low profits as they might not be able to draw enough clientele to cover the cost of setting up in Europe.
In conclusion, Hudson faces several challenges.
Find out more about start up costs at brainly.com/question/13923720.