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Lelu [443]
3 years ago
10

Are you a successful entrepreneur essay in economics year 12​

Business
1 answer:
fgiga [73]3 years ago
3 0

Answer:

Entrepreneurship is the name given to the factor of production which performs the functions of Enterprise. In economics, Land, Labour, Capital, Organisation and Enterprise are the five factors which are thought to be the basis of all the production activities.  Entrepreneurship in a broader sense can be considered as a process of action undertaken by an entrepreneur (Person) to establish his enterprise. It is a creative and innovative response to the environment.  Entrepreneurship can be described as a creative and innovative response to the environment. Such responses may take place in any field of social endeavour may be business, agriculture, social work and education etc.

<h2>Please mark me as brainliest</h2>

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Discuss the potential problems for a business which does not keep adequate business records. (8 marks)
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On June 1, 2019, Irene places in service a new automobile that cost $21,000. The car is used 70% for business and 30% for person
worty [1.4K]

Answer:

a.$4,704

Explanation:

Depreciation rate applicable for 2nd year as per MACRS 5 year class property = 32%

So, Irene cost recovery deduction = $21,000 * 32% * 70% = $4,704

Hence, the cost recovery deduction for Irene in 2020 is $4,704.

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3 years ago
The premiums paid by the employer in a business life insurance policy are
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<span>A life or health insurance policy is owned by an employee, but the premiums are paid by the employer: o The premiums are treated as taxable income to the employee. o The employer may deduct the premiums against business income as long as the premiums are a reasonable business expense.</span>
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3 years ago
A bond has a $1,000 par value, 20 years to maturity, and a 5 nnual coupon and sells for $860. What is its yield to maturity (ytm
o-na [289]

Its annual compound yield to maturity (YTM)  is $881.00

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First, find YTM

N = 20

I = YTM

PV = -860

PMT = 50

FV = 1000

YTM = 6.245%

The price after 5 years is nothing but the future value of the bond after 5 years

N = 5

I = YTM = 6.245

PV = -860

PMT = 50

FV = $881

So the answer is $881.00

Learn more about annual compound here brainly.com/question/24274034

#SPJ4

8 0
1 year ago
The American Federation of Labor (AFL) had 1.6 million members by 1904. The AFL represented mainly skilled, white, native-born w
lesya692 [45]

Answer:

Explanation:

As the complete question is not given thus the complete question is found online and is attached herewith.

As per the complete question, the goals of the two foundations are required which are as follows:

American Federation of Labor:

American Federation of Labor made efforts for

  • <em>Cooperation among corporate and political leaders to achieve goals of the working community</em>
  • <em>Settlement of hundreds of industrial disputes </em>
  • <em>Encouraged improvements in safety environment at the factory </em>
  • <em> Establishment of pensions for long-term workers</em>

Industrial Workers of the World

Industrial Workers of the World advocated and worked for:

  • The one big union
  • The rejection of capitalism
  • The inclusion of unskilled and foreign born workers.
6 0
4 years ago
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