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2 years ago

Explain how entrepreneurship and labour are rewarded

Business

1 answer:

kirill115 [55]2 years ago

7 0

Answer:

Entrepreneurship that proves to be successful in taking on the risks of creating a startup is rewarded with profits, fame, and continued growth opportunities. Entrepreneurship that fails results in losses and less prevalence in the markets for those involved. Key Takeaways

Explanation:

Entrepreneurship is the process of starting a business or other organization. The entrepreneur develops a business model, acquires the human and other required resources, and is fully responsible for its success or failure. Entrepreneurship operates within an entrepreneurship ecosystem

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Sassy Company sells its widgets for $20 each. Its variable cost is $12 per widget. Fixed costs are $150,000 per month for volume

disa [49]

Answer:

$440,000

Explanation:

Sassy Company budgeted operating income

Operating income will be :

(20-12) $80,000 - $200,000

=8×$80,000-$200,000

=$640,000-$200,000

=$440,000

Therefore the budgeted operating income at a level of 80,000 widgets per month will be $440,000

7 0

2 years ago

Read 2 more answers

Polk Company manufactures basketballs. Materials are added at the beginning of the production process and conversion costs are i

wariber [46]

Answer and Explanation:

The computation is shown below:

1. Calculation of the equivalent units

<u>Particulars Physical units % Material % Conversion cost</u>

Units transferred

out 900 100% 900 100% 900

Ending

work in process 600 100% 600 40% 240

Equivalent

units 1,500 1,140

2. Cost per equivalent unit is

Particulars Material Conversion cost

Beginning

inventory $750 $600

Cost during

period $2,400 $2,820

Total cost $3,150 $3,420

Divided by

Equivalent

units $1,500 $1,140

Cost per

equivalent unit $2.1 $3

3. Transferred out cost is

= (3 + 2.1) × 900

= $4,590

And, the ending work in process cost is

= (600 ×$2.1) + (240 × $3)

= $1,960

2. Now the preparation of the production report is presented below:

Beginning work in process $1,350

Cost during period $5,220

Total cost accounted for $6,570

Transferred out cost $4,590

Ending work in process $1,960

Total cost accounted as $6,570

3 0

2 years ago

Blossom Inc. uses the conventional retail method to determine its ending inventory at cost. Assume the beginning inventory at co

horsena [70]

Answer:

$1,012,696

Explanation:

The computation is shown below:

At Cost method:

Merchandise available for sale is :

= Beginning inventory + Purchases + Fright-in

= $403,500 + $3,608,000 + $169,500

= $4,181,000

At Retail method:

Merchandise available for sale:

= Beginning inventory + Purchases + Markups

= $604,000 + $5,393,600 + $424,000

= $6,421,600

Now

Ending inventory at retail is

= Retail - Markdowns - Net sales

= $6,421,600 - $0 - $4,866,000

= $1,555,600

Now

Cost to retail ratio is

= $4,181,000÷ ($4,866,000 + $1,555,600)

= 65.10%

And finally the ending inventory at cost is

= $1,555,600 × 65.10%

= $1,012,696

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3 years ago

Help Help!~ I will give brainliest to the first correct & honest answer!

slamgirl [31]

Answer:

Explanation: B Food Products & Processing Systems

3 0

2 years ago

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A company issued 6%, 10-year bonds with a face amount of $90 million. The market yield for bonds of similar risk and maturity is

Leviafan [203]

Answer:

The bonds sold at: $122,106,600 dollars

Explanation:

We will calculate the present value of the coupon payment and the maturirty at market rate of 7%

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 2.7(90 millions x 6% / 2 payment per year)

time 20 10 years and 2 payment per year

discounted at market rate: 7% divide by 2 payment per year: 0.035

$2.7 \times \frac{1-(1+0.035)^{-20} }{0.035} = PV\\$

PV 76.3551

Then present value of maturity:

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 90.00

time 10 years

rate 0.07

$\frac{90}{(1 + 0.07)^{10} } = PV$

PV 45.75

PV coupon $76.3551

PV maturity $45.7514

Total $122.1066

7 0

2 years ago

Explain how entrepreneurship and labour are rewarded​

Explain how entrepreneurship and labour are rewarded