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2 years ago

How can entrepreneurship help school leavers to not become a part of the unemployed?

Business

1 answer:

Mars2501 [29]2 years ago

5 0

Answer:

When battling unemployment, entrepreneurship is a solution, entrepreneurs open doors to new ventures, new business, new alliances etc. When an investor puts money into a startup or a venture, the entrepreneur automatically gets to expand its team to scale the venture and hence providing employment to more people.

<3 ^_________^

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Rick Co. had 30 million shares of $1 par common stock outstanding at January 1, 2021. In October 2021, Rick Co.'s Board of Direc

Bond [772]

Answer:

Debit retained earnings for $15.30 million.

Explanation:

As per the data given in the question,

Declaration of common stock dividend indicates no cash payments, only extra shares issued with rate of stock dividend

In this Rick Co. had 30 million shares and Rick Co. declared 1% stock dividend

which means 30 million × 1% = 0.30 million shares issued

Retained earning = (0.30 million × $51)

= $15.30 million

To common stock A/c = (0.30 × $1) = $0.30 million

To capital paid in access A/c = (0.30 million × ($51-$1)) = $15.00 million

( Being stock dividend was issued at 1% )

Hence, Option (d) Debit retained earning for $15.30 million is correct.

8 0

3 years ago

Suppose a farmer in Georgia begins to grow peaches. He uses $1,000,000 in savings to purchase land, he rents equipment for $1

mina [271]

Answer:

-$475,000

Explanation:

Total revenue = Baskets of peaches × Price

= 100,000 × $3

= $300,000

Explicit cost:

= Rent equipment + wages

= $100,000 + $100,000

= $200,000

Implicit cost:

= Land × Interest + salesman earned

= $1,000,000 × 0.55 + $25,000

= $575,000

Total cost = Explicit cost: + Implicit cost

= $200,000 + $575,000

= $775,000

Economic profit = Total revenue - Total cost

= $300,000 - $775,000

= -$475,000

8 0

3 years ago

A new operating system for an existing machine is expected to cost $565,000 and have a useful life of six years. The system yiel

Inessa [10]

Answer:

The net present value of each potential investment:

Machine A Machine B

NPV $167,675 $2,267

Explanation:

a) Data and Calculations:

Machine A Machine B

Cost of machine $565,000 $410,000

Incremental after-tax income 165,000 75,000

Salvage value 25,000 26,000

Estimated useful life 6 years 8 years

Required rate of return 10% 10%

Annuity factor 4.355 5.335

PV factor 0.564 0.467

PV of incremental after-tax income $718,575 $400,125

($165,000*4.355) ($75,000*5.335)

PV of salvage value $14,100 $12,142

Total PV of income $732,675 $412,267

NPV $167,675 $2,267

= Total PV of income minus PV of initial investment cost

7 0

2 years ago

Which of the following helps economists judge the overall condition of a

Svet_ta [14]

Answer:

Measuring economic indicators helps economist judge the overall conditions of a country's economy.

Explanation:

7 0

2 years ago

During the Truman and Eisenhower administrations, corporate development in the United States:__________

Anastaziya [24]

The answer is discouraged by government

7 0

3 years ago