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3 years ago

Sociological approach to enterpreneurship

Business

1 answer:

Nuetrik [128]3 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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The economic rule of thumb that only future costs and benefits, not past commitments, should be considered in making a decision

insens350 [35]

The monetary rule of thumb that most effective destiny expenses and benefits, no longer past commitments, should be taken into consideration in your decision is the: sunk cost principle.

Regulations of thumb no longer account for unique circumstances or elements going on at a particular time, or that would trade over time, which ought to be considered for making sound financial decisions.

A rule of thumb is a rule or precept that you follow which isn't based totally on exact calculations but is an alternative to enjoy. an amazing rule of thumb is that a broking needs to generate income of ten instances of his salary. more often than not of thumb, a cup of filter espresso incorporates approximately 80mg of caffeine.

A rule of thumb is an extensively accurate guide or principle. it is primarily based on experience or practice in place of concept. inside the valuation industry, these are quick statements like “all organizations in x industry sell for 1 times its revenue.” as an example, all insurance businesses promote for 1 to at least one.5 instances their cash waft.

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3 0

2 years ago

A comparative balance sheet for Culver Corporation is presented as follows.

laila [671]

Answer:

Increase in cash = $50,740

Explanation:

The statement of cash flows for 2020 can be prepared as follows:

Culver Corporation

Statement of Cash Flows

For December 31, 2020

Particulars $ $

Net income 127,440

Adjustment to reconcile net income:

Depreciation expenses (w.1) 26,740

(Increase) decrease in current assets:

Increase in accounts receivable (w.2) (15,740)

Decrease in inventory (w.3) 9,260

Increase (decrease) in current liabilities:

Decrease in accounts payable (w.4) (13,260)

Net cash from operating activities 134,440

Cash Flow from Investing Activities

Sales of land (w.5) 39,260

Purchase of equipment (w.6) (59,740)

Net cash from investing activities 20,480

Cash Flow from Financing Activities

Cash dividends paid (63,220)

Net cash from financing activities 63,220

Increase / (Decrease) in cash 50,740

Beginning cash balance 22,000

Ending cash balance  72,740

Workings:

w.1: Depreciation expenses = Accumulated Depreciation in 2020 - Accumulated Depreciation in 2019 = $70,220 - $43,480 = $26,740

w.2: Increase in accounts receivable = Accounts receivable in 2020 - Accounts receivable in 2021 = $83,220 - $67,480 = $15,740

w.3: Decrease in inventory = Inventory in 2020 - Inventory in 2019 = 181220 190480 = -$9,260

w.4: Decrease in accounts payable = Accounts payable in 2020 - Accounts payable in 2019 = ($35,220 - $48,480) = $13,260

w.5: Sales of land = Land in 2019 - Land in 2020 = ($111,480 - $72,220) = $39,260

w.6: Purchase of equipment = Equipment in 2020 - Equipment in 2019 = $261,220- $201,480 = $59,740

7 0

3 years ago

Taggart Inc. is considering a project that has the following cash flow data. What is the projects payback? Year 0 1 2 3 Cash flo

nikdorinn [45]

Answer:

The period of payback of the project is 2.30 years. Therefore, the correct answer is C

Explanation:

We will computing the Cumulative Cash Flow from Year 0 to Year 3

Cumulative Cash Flow Year 0 = Cash Flow of Year 0

= -$1,150

Cumulative Cash Flow of Year 1 = Cash Flow of Year 1 + Cash Flow of Year 0

= $500 + (-$1,150)

= -$650

Cumulative Cash Flow of Year 2 = Cash Flow of Year 2 + Cumulative Cash Flow Cash Flow of Year 1

= $500 + (-$650)

= -$150

Cumulative Cash Flow of Year 3 = Cash Flow of Year 3 + Cumulative Cash Flow Cash Flow of Year 2

= $500 + (-$150)

= $350

Now, Computing the Pay back period with the formula:

Pay back period = 2 + (Cumulative Cash Flow of year 2 / Cash flow of year 3)

= 2 + (-$150/ $500)

= 2 + 0.3

= 2.3 years

5 0

3 years ago

A three-year bank CD paying 7.23 percent compounded quarterly. Calculate effective annual interest rate (EAR)? (Round answer to

Serggg [28]

Answer:

Follows are the solution to the question:

Explanation:

m = 4,

EAR = $(1 + \frac{0.08}{4}) \times 4-1$

$= 1 + 0.02 \times 4-1\\\\= 1 + 0.08 -1\\\\= 0.08\\\\$

The successful quarter cumulative rate of interest = 8.24 \%

In Method 2 use Tool in Texas:

By Using the (ICONV) worksheet:

To pick the worksheet, click ICONV 2.

Its previous meaning will represent the NOM.

To clear the worksheet, click [CLR WORK] 2nd

Continue as below.

Displayed keystrokes:

NOM = previous value 2nd ICONV:

NOM = 0.00 2nd CLRWORK:

8 DAYS: Name = 8.00.

EFF: DownArrow = 0.00

DownArrow: C / Y = meaning previous

DOS: C / Y = 5.00 p.m.

EFF: DownArrow = 0.00

CPT: FRP = 8.24

3 0

3 years ago

An example of a government policy that promotes social equality without redistributing income is?

Tpy6a [65]

Answer:

The U.S. Supreme Court holding state laws banning same-sex marriage were unconstitutional.

<h3>Explanation:</h3>

In a 5-4 ruling, the high court found that same-sex couples have a constitutional right to marry and that states must license a marriage between two people of the same sex.
"Today’s victory will bring joy to tens of thousands of Texans and their families who have the same dreams for marriage as any others," Chuck Smith, executive director for the gay rights group Equality Texas, said in a statement.
"We hope state officials move swiftly to implement the Constitution’s command in the remaining 13 states with marriage discrimination."

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to brainly.com/question/26106218

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7 0

2 years ago

Sociological approach to enterpreneurship​

Sociological approach to enterpreneurship