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3 years ago

Is it true or false that Entrepreneurs often work long hours, but they enjoy great job satisfaction.

Business

1 answer:

ziro4ka [17]3 years ago

3 0

Answer: True

Explanation:

Entrepreneurs have a personal stake in their business which means they have to try as much as possible to ensure that it does not fail. They have to worry about every aspect of the business and this means that they will have to work long hours.

This personal stake in the business however also comes with job satisfaction. The entrepreneur is doing what they want to do and they are not working for anyone else. This brings job satisfaction independent of monetary gain.

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Unlimited liability means ___________. the business is responsible for the majority of debt it incurs, and filing bankruptcy is

bezimeni [28]

The answer is <u>"Unlimited liability means the business is responsible for the debt it incurs. If the business cannot pay its bills, the debt burden transfers to the owner(s), and he/she/they are liable for all debt".</u>

Unlimited liability alludes to the lawful commitments general accomplices and sole proprietors since they are at risk for all business obligations if the business can't pay its liabilities. As it were, general accomplices and sole proprietors are in charge of satisfying the greater part of the organization obligations by and by if the organization can't make its installments.

In this sense, the entrepreneurs are boundlessly obligated for all the business activities. Claims make a major issue for accomplices with Unlimited liability.

5 0

3 years ago

1. A

malfutka [58]

Answer:

so!!! keep on learning,you can do it,and keep up the good work

5 0

2 years ago

RM Company, a manufacturer, has provided the following information pertaining to its recent year of operation:

tatiyna

Answer:

RM Company

Using the indirect method, RM's net cash provided by operating activities is:

= $446,000.

Explanation:

a) Data and Calculations:

Net income $390,000

Accounts payable increased $33,000

Prepaid rent decreased $14,500

Depreciation expense was $44,000

Accounts receivable increased $43,000

Gain on sale of a building was $15,500

Wages payable decreased $30,000

Unearned revenue increased $53,000

Operating Activities:

Net income $390,000

Adjustment with non-cash items:

Depreciation expense was 44,000

Gain on sale of a building was (15,500)

Working capital changes:

Accounts payable increased 33,000

Prepaid rent decreased 14,500

Unearned revenue increased 53,000

Accounts receivable increased (43,000)

Wages payable decreased (30,000)

Net cash provided by operating

activities $446,000

8 0

3 years ago

I need help please! <br> what do you think is positive about franchises in general? negative?

mote1985 [20]

It may seem that franchise has many benefits since it allows for a person to open and operate a business without much knowledge of how to run a business and generally franchises are well advertised so not much marketing costs are needed, however negative impacts are much more, since you need to pay lifetime percentages for sales and operating under franchise as well as there is no room for creativity and too much dependence on a big business. Also the funds needed to open a franchise are much higher than same business but operating independently. So negative side is prevailing.

7 0

4 years ago

Cass Corporation reported pretax book income of $10,000,000. During the current year, the reserve for bad debts increased by $10

anyanavicka [17]

Answer:

$229,500

Explanation:

For computing the company’s current income tax expense or benefit, first we have to compute the taxable income which is shown below:

= Pre-tax book income + Increase in bad debt reserve - Excess tax depreciation + Excess tax gain over book gain - Tax-exempt life insurance proceeds

= $10,000,000 + $100,000 - $200,000 + $25,000 - $250,000

= $675,000

We assume the tax rate is 34%

So, the current income tax expense or benefit would be

= $675,000 × 34%

= $229,500

The Excess tax gain over book gain is computed below:

= $75,000 - $50,000

= $25,000

7 0

3 years ago