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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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On the first day of the fiscal year, a company issues an $949,000, 9%, five-year bond that pays semiannual interest of $42,705 (

KonstantinChe [14]

Answer:

Bond issue price $892,100

Face value $949,000

Discount on bond $56,900

Number of Interest payments (10 years x 2) 10

Discount to be amortized per payment $5,690

Interest on bond $51,210

Date Description Debit Credit

Dec. 31 Bond interest expense $56,900

Discount on bonds payable $5,690

Cash $51,210

(Interest on bond paid and Premium amortized)

7 0

3 years ago

Green Landscaping Inc. is preparing its budget for the first quarter of 2017. The next step in the budgeting process is to prepa

Agata [3.3K]

Answer:

a-1. Total cash collection for the Quarter Ending March 31, 2022 = $336,000

a-2. Total cash payment for the Quarter Ending March 31, 2022 = $43,400

b-1. Account receivable balance = $68,000

b-2. Account payable balance = $7,200

Explanation:

Note: This question is not complete and contains different dates (2017 and 2022). The complete question is therefore provided and 2022 is picked as the date before answering the question. See the attached pdf file for the complete question with 2022 as the date.

The explanation of the answer is now given as follows:

a-1. Schedule of expected cash collections from clients.

Note: See part a-1 of the attached excel file for the Schedule of expected cash collections from clients.

From the attached excel file, we have:

Total cash collection for the Quarter Ending March 31, 2022 = $336,000

a-2. Schedule of expected payments for landscaping supplies.

Note: See part a-2 of the attached excel file for the Schedule of expected payments for landscaping supplies.

From the attached excel file, we have:

Total cash payment for the Quarter Ending March 31, 2022 = $43,400

b. Determine the following balances at March 31, 2022:

b-1. Accounts receivable

Account receivable balance = ($120,000*10%) + ($140,000*40%) = $68,000

b-2. Accounts payable

Account payable balance = $18,000*40% = $7,200

Download xlsx

3 0

3 years ago

Lush Lawns, a new landscaping company, uses the same logo and shade of green in all forms of communication including its online

Fofino [41]

Integrated marketing communications is being used by Lush Lawns to promote its business, as they are using the same logo and shade of green in all forms of communication including its online ads, truck signage, Web site, and business cards.

<h3 /><h3>What is Integrated marketing communications?</h3>

IMC is the process of combining marketing communication aspects such as public relations, social media, and audience analytics to create an integrated marketing communication strategy.

Business development concepts, and advertising into a brand identity that is consistent across many media channels.

Thus they are using Integrated marketing communications.

For more details about Integrated marketing communications, click here

brainly.com/question/13962154

#SPJ1

5 0

2 years ago

Armando Company produces and sells mattresses. It expects to sell 10,000 mattresses in the current year and had 1,000 mattresses

Nat2105 [25]

Answer:

Sales= $3,000,000

Explanation:

Giving the following information:

It expects to sell 10,000 mattresses in the current year and had 1,000 mattresses in finished goods inventory at the end of the previous year. Armando would like to complete operations in the current year with at least 1,250 completed mattresses in inventory. There is no ending work-in-process inventory. The mattresses sell for $300 each.

Production:

Sales= 10,000

Ending inventory= 1,250

Beginning inventory= (1,000)

Total= 10,250

Sales= 10,000*300= $3,000,000

5 0

3 years ago

F 1What is the yield to maturity on a 10-year, 9% annual coupon, $1,000 par value bond that sells for $887.00? That sells for $1

Llana [10]

Answer:

When the bond is sale at premium, it means the market rate is lower than coupon rate. So investor purchase the bond a higher price until the bond yield equal the market rate

If sold at discount, the market rate is higher than coupon rate. This means it's sold below face value to increase the bond yield to market rate.

YTM if market price is 887 = 10.7366190%

YTM if market price is 1,134.2= 7.1764596%

Explanation:

For the YTM we can calculate an estimated using the following formula:

$YTM = \frac{C + \frac{F-P}{n }}{\frac{F+P}{2}}$

Where:

C= coupon payment 1,000 x 9% = 90

F= face value of the bonds = 1000

P= market price = 887

n= years to maturity = 10

YTM = 10.7366190%

$YTM = \frac{C + \frac{F-P}{n }}{\frac{F+P}{2}}$

C= 90

F= 1000

P= 1134.2

n= 10

YTM = 7.1764596%

A more precise answer can be achieve using excle or a financial calculator.

7 0

3 years ago