Answer:
.
Explanation:
Entrepreneurs innovate sometimes by commercializing inventions and ideas. They look for new business opportunities and find resources they can use in exploiting them. Commercializing an invention was done by Jeff Bezos in this instance. He saw the distribution opportunities available in the internet, and with the growing percentage increase of the internet users per month, he decided to create Amazon. He transformed the invention of the internet into the innovation of Amazon.
The ability to posses this characteristics is one of the qualities of a good entrepreneur.
Answer:
Requirement: <em>Determine the overhead rate for each activity "Materials handling, Machine setups, Quality inspections"</em>
<em />
Materials handling overhead rate = Total cost / Cost driver volume
Materials handling overhead rate = $30,000 / 1,000
Materials handling overhead rate = $30
Machine setups overhead rate = Total cost / Cost driver volume
Machine setups overhead rate = $23,750 / 475
Machine setups overhead rate = $50
Quality inspections overhead rate = Total cost / Cost driver volume
Quality inspections overhead rate = $19,000 / 475
Quality inspections overhead rate = $40
Answer:
$13,000,000
Explanation:
Given that,
Total Book Value of Equity = $20,000,000
Common stock outstanding = 1,000,000 shares
Selling price per share = $33.00
Market value of equity:
= Selling price per share × Shares outstanding
= $33.00 × 1,000,000
= $33,000,000
O'Brien's MVA:
= Market value of equity - Total Book Value of Equity
= $33,000,000 - $20,000,000
= $13,000,000
