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givi [52]
3 years ago
12

g The difference between the small business owner and the entrepreneur is that the entrepreneur: Group of answer choices assumes

the risk of the business is accurately described by all of the above manages the business files taxes for the business is responsible for the profits of the business
Business
1 answer:
Vinvika [58]3 years ago
8 0

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

You might be interested in
Rent control policies tend to cause
Savatey [412]

Answer:

The correct answer is d.  relatively smaller shortages in the short run than in the long run because supply and demand tend to be more inelastic in the short run than in the long run.

Explanation:

Rent control laws set limits on how much landlords can charge rent. The rent control laws specify:

  • What types of properties qualify for rent control.
  • How often rent limits can be adjusted.
  • How rent limits can be adjusted. Most rent control laws link increases in rental limits to an annual percentage of inflation in a local consumer price index.
  • The conditions when a property is "out of control."
  • Restrictions on the eviction of the tenant with rent control.

There are no federal rent control laws since the US Supreme Court. UU. He ruled that rent regulation is a state issue. Most states do not have rent control laws regulated. Only some cities and communities in some states continue to apply them.

In the United States, rent control laws were adopted during World War II when the country was experiencing a housing shortage. President Richard Nixon then passed the wage and price laws that influenced the modern rent control laws that are still being applied today. This is why most rent control laws usually apply to older properties built before 1980.

5 0
3 years ago
An investment banker who earns more than $1 million a year, a food service worker who makes minimum wage, and a teacher with a s
Ivenika [448]

An investment banker who earns more than $1 million a year, a food service worker who makes minimum wage, and a teacher with a salary of $50,000 per year represent the presence of social <u>inequality </u>within society.

<h3>What is inequality?</h3>

Inequality can be defined as the way in which  income or wealth are not distributed equally  in a society as some people earn more than others.

Hence, their is the presence of social inequality within a society if a  investment banker earn $1 million a year, a food service worker makes minimum wage, and a teacher earn $50,000 per year.

Learn more about inequality here:brainly.com/question/24143597

#SPJ1

5 0
1 year ago
Part 1 Ken is the produce manager at saying way a large Supermarket that is part of a national chain. After completing a few man
Dvinal [7]

The people who may be significantly affected by the outcome of this negotiation by the manager include the employer and the customers.

<h3>Who is a manager?</h3>

It should be noted that a manager simply means an individual who oversees the team in a company and ensures that the goals of the company are achieved.

In this case, Ken is the produce manager at saying way a large Supermarket that is part of a national chain and after completing a few management courses offered by his employer, as well as five years of service at the supermarket, he is up for a promotion to assistant manager and is about to negotiate his new salary.

In this case, the people who may be significantly affected by the outcome of this negotiation by the manager include the employer and the customers. This was illustrated in the information.

Learn more about manager on:

brainly.com/question/24553900

#SPJ1

4 0
1 year ago
On June 1, Noonan Inc. issues 4,000 shares of no-par common stock at a cash price of S6 per share. Journalize the issuance of th
-Dominant- [34]

Answer: Please see explanation column for answers.

Explanation:

a)Journal to record  issuance of the shares at a stated value of $1

Date             Account  and explanation            Debit          Credit

june 6       Cash                                               $24,000

          Common stock  at $1 stated value                            $4000

Paid in capital in excess of stated value                               $20,000

Calculation:

Cash = issued shares x price per share

4000 x $6 = $24,000

paid in capital  in excess pf par stated value =  $6- $1 x 4000 = $20,000

b)Journal to record  issuance of the stock in acquiring the land.

Date             Account  and explanation            Debit          Credit

             Land                                                   $85,000

          Common stock  at $10 (5000 x 10)                            $50,000

Paid in capital in excess of par value                                  $35,000

Calculation:

cash to purchase land = issued shares x price per share

85,000= 5000 x $

$ = 85,000 /5000 = $17

Paid in capital in excess of par value $17-10 x 5000 = $35,000

4 0
3 years ago
Prepare a December 31, 2020, balance sheet for Long Print Shop from the following: cash, $50,000; accounts payable, $38,000; mer
Bumek [7]

Answer:

                                   <u>Long Print Shop</u>

         <u>Balance sheet for the year ended December 31, 2020</u>

                                                         Amount in $                       Amount in $

<u>Assets</u>

<u>Non-current asset</u>

Equipment                                                                                     20,000

<u>Current assets</u>

Merchandise inventory                      14,000

Cash                                                     50,000

Total current asset                                                                        <u>64,000</u>

Total assets                                                                                  <u>84,000</u>

<u>Liabiities</u>

Accounts payable                                                                         <u>38,000</u>

Total liabilities                                                                             <u> 38,000</u>

<u>Equity</u>

Capital                                                                                            <u>46,000</u>

Total equity                                                                                   <u>46,000</u>

Total liabilities and equity                                                            <u>84,000</u>

Explanation:

The accounting equation shows the relationship between the elements of a balance sheet which are assets liabilities and equity. This may be expressed mathematically as

Assets = Liabilities + Equity

While assets include fixed assets, cash, inventories, account receivables etc, liabilities include accounts payable, loans payable, accrued expenses etc.

Equity which represents the amount owed to the owners of the business includes retained earnings (which is the accumulation of the net income/loss over the years less dividends paid) and common shares.

5 0
3 years ago
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