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3 years ago

What is the difference between an employee and an entrepreneur?

Business

2 answers:

natulia [17]3 years ago

7 0

Answer is:

Employees fall under a particular job category. Entrepreneurs create their own profile. Employees have to perform tasks according their respective job profiles. Irrespective of their interest, they are forced to work in an alien environment.

sasho [114]3 years ago

3 0

Answer:

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The adjusted trial balance of Parsons Company at December 31, 2020, includes the following accounts: Common Stock $15,600, Divid

g100num [7]

Answer:

$12,200

Explanation:

Preparation of an income statement for the year.

PARSONS COMPANY Income Statement

For the year ended December 31,2020

Service Revenue $37,000

Expenses:

Salaries and wages $16,000

Insurance Expense $2,000

Rent Expense $4,000

Supplies Expense $1,500

Depreciation Expense $1,300

Total Expenses $24,800

Net Income $12,200

($37,000-$24,800)

Therefore income statement for the year is $12,200

8 0

3 years ago

Who controls the supply for coffee shops and based on what factors

andrezito [222]

Answer:

Explanation:

Market prices control the supply for coffee shops, not only that but also it is also affected by other factors with things like: price of inputs, and how much it cost to make, and technology developments

3 0

3 years ago

Ramble On Co. wishes to maintain a growth rate of 13.6 percent per year, a debt-equity ratio of 1.8, and a dividend payout ratio

Korvikt [17]

Answer: 5.99%

Explanation:

Based on the question,

Dividend payout ratio = 30%

Therefore, the retention ratio will be:

= 1 - 30%

= 70%

Growth rate = 13.6%

We'll the use the sustainable growth rate formula which will be:

0.136 = (ROE x 0.7)/ (1-(ROE x 0.7))

0.136(1 - (0.7ROE)) = 0.7ROE

ROE = 0.136/0.7952

ROE = 0.171026

Then, the Profit margin will be:

ROE = Profit Margin x Asset Turnover x Equity multiplier

0.171026 = PM x (1/0.98) x (1 + 1.8)

0.171026 = PM x (1/0.98) x 2.8

PM = 0.171026 x 0.98/2.8

PM = 0.0598591

Profit margin = 5.99%

3 0

3 years ago

Which of the following statements is true of a situation in which a party to a contract substantially performs its obligations t

Serhud [2]

The party may be entitled to a partial recovery under the contract.

<h3>What is Substantial Performance in Contract Law?</h3>

Each party promises to uphold its end of the bargain when two parties enter into a contract. Say, for instance, that a property owner hires a contractor to work on their property's construction, such as adding a wing to the house. The property owner will pledge to pay for the services provided, and the contractor will promise to carry out the construction as specified in the contract.

When there is just a minor deviation from the terms of the agreement, a good faith attempt was made to achieve complete performance, and there was no major breach, a party may claim substantial performance. In essence, the result will be adequate to support payment for the services provided.

Learn more about substantial performance with the help of the given link:

brainly.com/question/15835417?referrer=searchResults

#SPJ4

8 0

2 years ago

Suppose Visa Inc. (V) has no debt and an equity cost of capital of 9.2 %9.2%. The average debt-to-value ratio for the credit s

DedPeter [7]

Answer:

9.68%

Explanation:

The cost of equity :

Using this formula

rE=rU+D/E *(rU-rD)

Let plug in the above formula:

rU=0.092

D=0.13

E=(100%-13%)

=0.87

rD=0.06

rE=0.092+ 0.13/0.87*(0.092-0.06)

rE=0.092+0.1494*0.032

rE=0.092+0.004781

= 0.0968 ×100

=9.68%

8 0

3 years ago