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3 years ago

2. Give three (3)importance ofEntrepreneurship tothe economy.

Business

1 answer:

Firlakuza [10]3 years ago

4 0

Answer:

See below

Explanation:

1. Entrepreneurs Add to National Income

Entrepreneurship creates new businesses that focus on making profits. These ventures employ people who earn directly or indirectly from them. The new incomes add to a country's GDP. Consequently, the government collects higher revenues through taxation, which it uses for national development.

2. Entrepreneurs Create Social Change

Though innovations and creativity, entrepreneurs introduce new products and services and easier ways of doing things that improve life's quality. For example, the advancement of internet technology has created many job opportunities while still making it possible for others to work and earn a living remotely.

3. Community Development

Through Corporate social responsibility programs, entrepreneurs play a significant role in community development. Corporates globally have funded projects that provide communities with essential services: water projects, schools, hospitals, and clean environments that have been financed by entrepreneurs.

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What is the expected return if a firm has a payout ratio of 0.4, a return on equity of 25%, and a dividend yield of 15%

marusya05 [52]

Answer:

The expected return on stock is 30%

Explanation:

Growth rate = Return on Equity * Retention ratio

Growth rate = Return on Equity * (1- Payout ratio)

Growth rate = 25% * (1 - 0.40)

Growth rate = 0.25 * 0.60

Growth rate = 0.15

Growth rate = 15%

Hence, Expected return = Dividend return + Growth rate

Expected return = 15% + 15%

Expected return = 30%

Therefore, the expected return on stock is 30%

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3 years ago

Tomey Corporation has two production departments, Forming and Finishing. The company uses a job-order costing system and compute

Bogdan [553]

Answer:

a. $5,604

Explanation:

Forming Department overhead cost = Fixed manufacturing overhead cost + (Variable overhead cost per machine-hour × Total machine-hours in the department)

= $99,000 + ($2.10 per machine-hour × 18,000 machine-hours)

= $99,000 +$37,800 = $136,800

Predetermined overhead rate = Estimated total manufacturing overhead cost ÷ Estimated total amount of the allocation base incurred

= $136,800 ÷ 18,000 machine-hours

= $7.60 per machine-hour

Overhead applied to a particular job = Predetermined overhead rate × Amount of the allocation base incurred by the job

= $7.60 per machine-hour × 90 machine-hours

= $684

Finishing Department overhead cost = Fixed manufacturing overhead cost + (Variable overhead cost per direct labor-hour × Total direct labor-hours in the department)

= $70,400 + ($3.70 per direct labor-hour × 8,000 direct labor-hours)

= $70,400 + $29,600 = $100,000

Predetermined overhead rate = Estimated total manufacturing overhead cost ÷ Estimated total amount of the allocation base incurred

= $100,000 ÷8,000 direct labor-hours = $12.50 per direct labor-hour

Overhead applied to a particular job = Predetermined overhead rate × Amount of the allocation base incurred by the job

= $12.50 per direct labor-hour × 60 direct labor-hours

= $750

Forming Finishing Total

Direct materials........................$940 $350 $1,290

Direct labor...............................$960 $1,920 $2,880

Manufacturing overhead.......$684 $750 $1,434

Total cost of Job T617........................................................$5,604

4 0

3 years ago

Jim wants to buy a car, but he’ll probably only need it for a couple of years. He has a short commute to work, so he won’t be pu

anzhelika [568]

Walk, trolly (if in a city) Or cab, even a bicycle would do.

3 0

3 years ago

The textile industry in indonesia has traditionally been one of the largest employers in the manufacturing sector. increased pro

kiruha [24]

Other major Indonesian industries reported greater increases in production value than those reported by the Indonesian textile industry.

<h3><u>Explanation:</u></h3>

In a particular period of time, the monetary value that are obtained by a country due to the production and selling of goods and services is referred to as GDP. It is an important factor that determines the growth rate of a country in an economic framework.

In the example given, it can inferred that the textile industry of Indonesia is considered as the major contributor of GDP because the textile industries has largest amount of employees. But at the end GDP decreased and this is because other major industries in Indonesia has major contribution and production values than the textile industries.

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3 years ago

An investment of $\$24,\!000$ is made in a government bond that will pay $1\%$ bi-monthly interest (meaning that the investment

Anarel [89]

At the end of five years, the total number of dollars in this investment would be $137,843.79.

<h3>What would be the value of the account at the end of 5 years?</h3>

When the account is compounded bi-monthly, it means that the amount invested and the interest already earned increases in value by 1% every two months.

The formula for calculating the amount that would be in the investment after years is>

FV = P (1 + r)^nm

FV = Future value
P = Present value
R = interest rate
m = number of compounding
N = number of years

$24,000(1.01)^(5x6) = $137,843.79

To learn more about future value, please check: brainly.com/question/18760477

3 0

3 years ago

2. Give three (3)importance ofEntrepreneurship tothe economy.​

2. Give three (3)importance ofEntrepreneurship tothe economy.