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Illusion [34]
2 years ago
13

Sociological approach to enterpreneurship​

Business
1 answer:
Nuetrik [128]2 years ago
4 0

Answer:

The sociological approach to the study of entrepreneurship deals with social and cultural factors responsible for the nature and growth of entrepreneurship development in a society. It attempts to understand as to why a social structure and culture facilitates or inhibits entrepreneurial development.

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Mr. Green purchased a property with the provision in the sale agreement that the seller would provide him with a warranty deed.
natima [27]

Answer:

specific performance

Explanation:

  • Specific performance in relation to confidential information is commonly used as a prohibition relief
  • Specific performance is the equivalent compensation in contract law, under which a party issues orders requiring a party to perform a specific action, which is the execution of the contract.
  • It is usually available for sale under the Land Act, but is generally not available if the damage is an appropriate option.
  • If the seller fails to sell or the property is handed over to the seller, the buyer receives a specific performance under the provisions of the Specific Relief Act, 1963.
  • A similar right is available under the seller. The contract requires specific performance from the buyer.
3 0
3 years ago
A firm is evaluating a proposal which has an initial investment of $50,000 and has cash flows of $15,000 per year for five years
Harlamova29_29 [7]

Answer:

3 1/3 years

Explanation:

Payback period is the time required for the inflows from a project to be equal to the initial outflow for the project. It is a key consideration in capital budgeting. It is usually assumed that the outlay or initial outflow is made in year 0 and the first inflow comes in after a year.

Year       Cash outflow      Cash inflow           Balance

0                ($50,000)                   -                ($50,000)

1                         -                   $15,000           ($35,000)

2                        -                    $15,000          ($20,000)

3                        -                    $15,000           ($5,000)

4                      -                      $15,000           $10,000

5                       -                    $15,000            $25,000

Hence the payback period

= 3 years and 5000/15000 * 12 months

= 3 years 4 months

= 3 1/3 years

3 0
3 years ago
Crich Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct
Snezhnost [94]

Answer:

$4,248 under applied

Explanation:

For computing the ending overhead amount we need to do following calculations which are shown below:

Predetermined overhead rate is

= Total estimated manufacturing overhead ÷ estimated direct labor-hours

= $516,368 ÷ 21,880 hours

= $23.6 per hour

Now

Actual overhead applied  is

= $23.6 ×  21,700 hours

= $512,120

Therefore,

Overhead under applied is

= Manufacturing overhead - Actual overhead applied

= $516,368 - $512,120

= $4,248 under applied

3 0
3 years ago
Marquis has a gross pay of $816. By how much will his gross pay be reduced if Marquis has the following items withheld? federal
andre [41]

Gross pay is the amount of income before taxes and deductions. The amount by which the gross pay is reduced is $174.66.

<h3>What is gross pay?</h3>

The gross pay is the amount of salary or wages that is before the taxes or other deductions. The expense of tax and deductions are subtracted from the gross pay to calculate the net pay.

The gross pay of Marquis in the given question is $816. His gross pay will be reduced by the taxes to calculate the net pay.

The amount of reduction will be the sum of all the taxes levied such as federal tax, social security tax, and so on.

Therefore the amount by which the gross pay will be reduced is:

\begin{aligned} \rm Federal\: tax &= \$92\\\\\rm Social\: security\: tax (\$816\times 6.2\%) &= \$50.592\\\\\rm Medicare\:tax (\$816\times 1.45\%) &= \$11.832\\\\\rm \end

The state tax is calculated as a percentage of federal tax. The state tax is:

\rm State \:tax (\$92\times 22\%) &= \$20.24\\

Therefore the total amount of reduction is:

\rm Total\:amount\:of\:reduction = \$92 + \$\$50.592 + \$11.832 +\$20.24\\\\\rm Total\:amount\:of\:reduction = \$174.664

Hence, the correct option is d.

Learn more about gross pay here:

brainly.com/question/8067656

6 0
2 years ago
Two ways Brexit benefits the US? I don't need anything about why it doesn't, just need two reasons why it does.
Annette [7]

1. Potentially enables US to trade with UK on better terms (than previously allowed when UK was a member of the EU)

2. Expected that Brexit will enable UK government to award National Health Service contracts to US suppliers

3. Brexit weakens the EU and hence makes US/NAFTA relatively stronger

3 0
3 years ago
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