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Travka [436]
3 years ago
7

if you are planning to become an entrepreneur out of the four types of entrepreneur which one would you like to take up and why?

Explain the eight training that you can undergo to become an effective and efficient entrepreneur in India.
Business
1 answer:
Greeley [361]3 years ago
8 0

Answer:

<u>Social entrepreneur</u>

Explanation:

Typically, a Social entrepreneur differs from other types of entrepreneurs in the sense that profit is not their main motivator but been able to impact their immediate communities by solving their identified social problems.

<u>Some training skills needed by entrepreneurs include;</u>

  • accounting and bookkeeping knowledge
  • managerial skill
  • Information and communication technology training
  • workplace communication skill
  • time management skill
  • risk tolerance skill, etc

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In the month of June, a department had 20,000 units in beginning work in process that were 70% complete. During June, 90,000 uni
fgiga [73]

Answer:

100,000 units

Explanation:

The computation of the transferred out units of the process is shown below:

= Transferred units × percentage of completion + ending work in process inventory units × percentage of completion

= 90,000 units × 100% + 10,000 units × 100%

= 90,000 units + 10,000 units

= 100,000 units

All other information which is given is not considered. Hence, ignored it

3 0
3 years ago
Standahl Air uses two measures of activity, flights and passengers, in the cost formulas in its budgets and performance reports.
avanturin [10]

Answer:

$335,428

Explanation:

The computation of the plane operating cost is shown below:

Plane Operating Cost = Fixed cost + (Variable cost per unit × quantity) + (Variable cost per unit × quantity)

= $41,490 + ( $2,839 × 101 flights) + ($23 × 313 passengers)

= $41,490 + $286,739 + $7,199

= $335,428

We only considered the planned activity as we have to compute the plane operating cost for the planning budget

8 0
3 years ago
A year ago, Jasper Inc. sold 20-year bonds at par with a coupon rate of 4.5 percent and semiannual payments. The face value of e
scoray [572]

Answer:

= $877.32

Explanation:

<em>The value of the bond is the present value(PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV).</em>

<em>Value of Bond = PV of interest + PV of RV</em>

The value of bond for Jasper Inc can be worked out as follows:

Step 1

<em>PV of interest payments</em>

<em>Semi annul interest paymen</em>t

= 4.5% × 1000 × 1/2

= 22.5

<em>Semi-annual yield</em> = 5.6/2 = 2.8% per six months

<em>Total period to maturity (in months)</em>

= (2 × 19) = 38 periods  <em> (Note it was sold a year ago)</em>

<em>PV of interest = </em>

<em> </em>22.5 × (1- (1+0.028)^(-38)/0.028)

= 22.5 ×23.20871226

= 522.196

Step 2

<em>PV of Redemption Value</em>

= 1,000 × (1.056)^(-19)

= 355.128

<em>Price of bond</em>

=  522.19 + 355.12

= $877.32

<em />

                               

5 0
3 years ago
Park Company reports interest expense of $145,000 and income before interest expense and income taxes of $1,885,000. (1) Compute
KATRIN_1 [288]

Answer:

(1) Park's times interest earned is 13.

(2) Park is in a BETTER position than its competitor to make interest payments if the economy turns bad.

Explanation:

(1) Compute its times interest earned.

The times interest earned, also known as the interest coverage ratio, is a coverage ratio that calculates the proportionate amount of income that can be used to cover future interest expenses.

The times interest earned can be computed as follows:

Times interest earned = Income before interest expense and income taxes / Interest expense = $1,885,000 / $145,000 = 13

Therefore, Park's times interest earned is 13.

(2) Park's competitor's times interest earned is 4.0. Is Park in a better or worse position than its competitor to make interest payments if the economy turns bad.

Because the ratio reveals how many times a company could pay interest with its pre-tax income, greater ratios are clearly better than lower ratios.

Since Park’s times interest earned of 13 is greater than its competitor’s times interest earned of 4, it therefore implies that Park is in a BETTER position than its competitor to make interest payments if the economy turns bad.

8 0
2 years ago
A government inspection has required your company to upgrade the safety equipment in the manufacturing process of ice creamery.
lapo4ka [179]

Answer: Option E

Explanation: In simple words, the group of factors outside the organisation that are not in the control of the management are called external environment. The legal-political dimension refers to the rules and legislation passed by the authorities for effective operating of the society as a whole.

In the given case, the inspection leading to safety upgrade was done done by the govt. Such requirement depicts that the safety structure was not as per the law passed or rule made.

Hence, from the above we can conclude that the correct option is E.

6 0
3 years ago
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