To be successful, an entrepreneur must be willing to invest money, considerable effort, and
<u> "time".</u>
An entrepreneur is a person who, as opposed to functioning as a worker, establishes and maintains a private company, expecting every one of the dangers and prizes of the endeavor. The business visionary is generally observed as a pioneer, a wellspring of new thoughts, merchandise, administrations and business/or techniques.
Entrepreneurs assume a key role in any economy. These are the general population who have the right stuff and activity important to foresee present and future needs and put up great new thoughts for sale to the public.
Answer:
a. credit to Paid-In Capital from Treasury Stock for $2650.
Explanation:
the complete journal entries required to record the 3 operations:
Dr Cash 162,000
Cr Common stock 54,000
Cr Additional paid in capital 108,000
Dr Treasury stock 13,780
Cr Cash 13,780
Dr Cash 16,430
Cr Treasury stock 13,780
Cr Additional paid in capital 2,650
Answer:
Explanation:
The journal entry is shown below:
Land A/c Dr
To Cash A/c
To Note payable A/c $250,000
(Being the purchase of the land is recorded)
The computation is shown below:
The cash would be
= Cash paid + delinquent property tax paid + title insurance cost + emove an unwanted building cost
= $110,000 + $1,100 + $1,550 + $5,900
= $118,550
Answer:
B, the ability to determine its own nationally-oriented monetary policy.
Explanation:
When a country merges its currency with another to form/create a single currency, the nation must give up its ability to make monetary policies with the country.
This is because the creation of a single currency has now joined both countries as one monetarily. For this reason, both nations have to come to an agreement on monetary policies that will apply in both country as soon as there is a currency merger.
Cheers.
People often have property rights. we can expect economic growth to increase due to an upward movement along the production function.
<h3> </h3><h3>What is property rights?
</h3>
- Property rights is known to be the theoretical and legal ownership of some specific resources and how one can use them.
In economics, property rights is known to be the basis for all kinds of market exchange, and the sharing of property rights in a society influences the efficiency of resource use.
Conclusively, the stronger or the increase in the set of property rights, the more increase the zeal to work, save, and invest, and this in turn leads to a more better operation of the economy system.
See options below
decrease; downward movement along
increase; upward movement along
decrease; downward shift of the
decrease; movement up along
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