Answer:
True
Explanation:
An "entrepreneur" is a person who operates a particular business. The business may include <em>selling goods, stocks and related items. </em>
An <em>ideal/good entrepreneur</em> possess several qualities such as being <em>honest, helpful, caring, prudent, determined, industrious, strategist, innovative, etc.</em> He knows that operating a business is not always successful and there'll be rough times. Thus, it is essential for him to possess the qualities to be successful in what he's venturing. He may also consider the loss of his business as part of his learning.
Answer:
Break even in units = 56 units
Option d is the correct answer
Explanation:
Break even in units is the number of units that a business must sale in order for it to have enough total revenues to cover total cost. It is a point where total revenue is equal to total cost and the firm earns no profit or no loss. The formula to calculate break even in units is as follows,
Break even in units = Fixed Cost / (Selling price per unit - Variable cost per unit)
Break even in units = 28000 / (1300 - 800)
Break even in units = 56 units
<u>Dissent rights </u>are the rights of shareholders who object to a proposed merger to have their shares valued by the court and receive cash payment of this value from the corporation.
Explanation:
<u>Dissenters' rights </u>are considered to be a part of a state corporate law that gives a corporation's shareholders the right to receive a cash payment for in lieu of the fair value of their shares in case of a acquisition or merger they did not agree to.
Previously <u>mergers and acquisitions </u>required a unanimous vote in their favor from the shareholders of the company. State legislation took away this right, but in turn, gave the shareholders the right to receive the cash payment in lieu of their shares .
As per the <u>appraisal rights</u>, a dissenting shareholder who objects to an transaction such as a merger or consolidation can have his or her shares of the pre-merger or pre-consolidation corporation appraised (valued), and be paid the fair market value of his or her shares by the pre-merger or pre-consolidation corporation.
- $15 loss is the answer
Solution:
Given,
The exchange rate is $2.00 = pound £1
The exchange rate is $1.50 = pound£1
You pay pound£45 ($90)
Now.
Buy ( $2.00 x 45 pounds = $90)
Sell ($1.50 x 50 pounds = $75)
=> $75 - $90 = - $15 loss