Honestly I would say being an entrepreneur is the most complex and difficult to form, especially if you're trying to build from the ground up it can take a matter of 4-5 maybe more years, this isn't a "answer" ore of an "opinion."
Hope this helped though!
C each faces the problems of scarcity which necessitates trademinus-offs in making economic decisions
Answer:
it is good that all business majors study this regardless, as strategic management takes place at several/multiple levels in any organization they may find themselves
Explanation:
Even though most students may never become CEOs or branch manager or department heads of departments, it is good they study strategic management as strategic management provides directions through the development of plans on how to achieve an organizations set goals.
Several other levels in an organization may require the knowledge of strategic management. These employees in these other job roles could be asked to complete strategic plans for their various departments. Also at all levels, employees are asked to make contributions towards their organizations strategic plan. This makes it important for all business majors to study.
Answer:
equivalent untis Labor: 166,340
Explanation:
Under weighted average we don't make distinction between started and finished and just finished. Thus we work with finished and ending WIP only:
finished 162,000
ending WIP 6,200 ending at 70% complete
Equivalent units for labor:
finished + percentage of completion ending units
162,000 + 6,200 x 70% = 166,340
Answer:
$17,600
Explanation:
Data provided in the question:
Cost of the patent purchased = $44,000
Useful life = 5 years
Residual value = 0
Now,
using the straight-line method,
we have
Annual amortization expense = [ cost - Residual value ] ÷ (Useful life)
= [ $44,000 - 0 ] ÷ 5
= $8,800 per year
Therefore,
The accumulated amortization expense from January 1, 2021 to December 31, 2022
= Annual amortization expense × 2 years
= $8,800 × 2
= $17,600
Hence,
the amortization expense for the year ended December 31, 2022 = $17,600