Answer: The entrepreneur assumes the risk of the business
Explanation:
An entreprenuer is a person that's bears the risk and controls the other resources such as the land , labour and the capital.
Also, we should note that the entrepreneur either makes a profit or loss. The difference between the small business owner and the entrepreneur is that the entrepreneur assumes the risk of the business
Answer:
c. $1,000,000
Explanation:
The computation of the economic value added is shown below:
Economic value added = Operating income - total invested capital × WACC
= $3,000,000 - $20,000,000 × 10%
= $3,000,000 - $2,000,000
= $1,000,000
We simply deduct the total invested capital by multiplying the cost of capital from the operating income
To be able to make a gross margin of around $32000, the total sales must be around $32,324.
<h3>What is gross margin?</h3>
Gross margin is the total amount of cost benefitted by the sales revenue and the cost derived for the goods being sold. As per the information given above, the total sales calculation will be as $32,324.
Putting the value of total sales in the given formula, the gross margin is $32,000 when the cost of goods being sold has increased by around 1 percent.
Hence, the gross margin will be $32000 when the total sales will be $32,324 and the costs of sales increases by one percent.
Learn more about gross margin here:
brainly.com/question/22718027
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I think the answer is false
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