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2 years ago

What are the entrepreneurial qualities of a good entrepreneur

Business

1 answer:

Anna71 [15]2 years ago

4 0

Answer: Creativity.

Professionalism.

Risk-taking.

Passion.

Planning.

Knowledge.

Social Skills.

Open-mindedness towards learning, people, and even failure.

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Geneva receives high praise from her boss when she attracts a new client to her firm. this praise leads geneva to work hard to o

AysviL [449]

This was a form of positive reinforcement. She has been conditioned to work harder when she receives the praise, because she enjoys hearing this from her superiors. When the reward is given to her, the cycle continues: more praise leads to harder work, which leads to even more praise.

4 0

3 years ago

Quaker State Wings has 320,000 shares outstanding and net income of $980,000. The company stock is currently selling for $62.97

ELEN [110]

Answer:

The new EPS is $ 3.16

Explanation:

In order to compute the earnings per share after the share repurchase the shares repurchased must deducted from the weighted average number of share of 320,000 before repurchase so as to arrive at the number of shares eligible for the earnings after such repurchase.

The number of shares repurchased=$634,000/$62.97

= 10,068.29

The average weighted number of shares after repurchase is 309,931.71 (320,000-10,068.29)

EPS after repurchase=$980,000/309,931.71

=$3.16 per share

5 0

3 years ago

A gourmet coffee shop in downtown San Francisco is open 200 days a year and sells an average of 76 pounds of Kona coffee beans a

Slav-nsk [51]

Answer:

Explanation:

Base on the scenario been described in the question, we use the following method to solve the question

d = 75 lbs/day 200 days per year

D= 15,000 lb/year H= $3/lb/year S= $16/order

6 0

3 years ago

Cherokee Inc. is a merchandiser that provided the following information: Amount Number of units sold 14,000 Selling price per un

timama [110]

Answer:

Results are below.

Explanation:

Traditional format income statement:

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 10,000 + 86,000 - 23,000

COGS= $73,000

Sales= 14,000*17= 238,000

COGS= (73,000)

Gross profit= 165,000

Total selling expense= (2*14,000 + 19,000)= (47,000)

Total administrative expense= (3*14,000 + 15,000)= (57,000)

Net operating income= 61,000

Contribution margin income statement:

Total variable cost= 73,000 + 14,000*2 + 14,000*3= 143,000

Sales= 14,000*17= 238,000

COGS= (143,000)

Gross profit= 95,000

Total fixed selling expense= (19,000)

Total fixed administrative expense= (15,000)

Net operating income= 61,000

3 0

3 years ago

On December 31, 2020, Flint Corporation sold for $150,000 an old machine having an original cost of $270,000 and a book value of

dalvyx [7]

Answer:

$105,547

Explanation:

Original cost of machine = $270,000

Machine sold for = $150,000

Book value = $120,000

Down payment = $30,000

$60,000 payable on December 31 each of the next two years .

Present value of an ordinary annuity of 1 at 9% for 2 years = 1.75911

The amount of the notes receivable net of the unamortized discount:

= Amount paid on December 31st × Present value of an ordinary annuity

= $60,000 × 1.75911

= $105,547

3 0

3 years ago

What are the entrepreneurial qualities of a good entrepreneur​

What are the entrepreneurial qualities of a good entrepreneur