The true statement regarding the profit of an entrepreneur is D. makes the gap between the rich and poor more noticeable.
Profit simply means the gain that's derived from the sale of a particular commodity. It should be noted that profit is the difference between the total revenue and the total cost.
It should be noted that profit can be an incentive for entrepreneurs as makes the gap between the rich and poor more noticeable.
Learn more about profit on:
https://brainly.com/question/1078746
Answer:
A
Explanation:
I had just got that question wrong but the correct answer is A.
Concord Company buys land for $49300 on 12/31/17. As of 3/31/18, the land has appreciated in value to $50200. On 12/31/18, the land has an appraised value of $51500. By what amount should the Land account be increased in 2018
Based on the information given, it can be noted that revaluation of assets isn't applicable to land. Therefore, the amount will be $0.
Revaluation of assets simply mean the change in the market value of assets. It can either be increasing or decreasing.
From the information given, the amount that the land account be increased in 2018 is $0 because revaluation of assets isn't applicable to land.
Learn more about assets on:
https://brainly.com/question/11209470
U.S. Treasury bills are available for purchase this week at the following prices (based upon $100 par value) and with the indicated maturities:
a. $97.25, 182 days
b. $95.75, 270 days
c. $98.75, 91 days
Calculate the bank discount rate (DR) on each bill if it is held to maturity. What is the equivalent yield to maturity (sometimes called the bond-equivalent or coupon-equivalent yield) on each of these Treasury bills?
How does the value of the cars produced by the Japanese company within the United States impact the United States' Gross National Product (GNP), and why?
Answer:
:)
Explanation:
The cars it produces in the U.S. are added to U.S. GDP, but not U.S. GNP, as these cars use domestic factors of production (labor and resources), but are produced by a foreign nation. Conversely, the values are added to Japan's GNP, but not Japan's GDP.
Draft an inquiry letter for purchase of 10 units of IBM P4 computers and 2 units of Lx 300 Epson printers to Kathmandu Computers and Engineering Kathmandu.
Based on writing standards, the inquiry letter for purchase should begin with the sender's address and be written like a formal letter.
Structures of Letter of Inquiry.The sender's address should be written at the beginning of the letter, followed by the receiver's address.The letter must contain all the elements of the enquiring item, including their quantities.There must be the date and address of the receiver included.The letter's subject must be written clearly before the letter's content.Ensure you provide the expected salutation at the beginning of the letter.Write clearly and straightforward.Provide reasons and inquiry descriptions.Add your signature, name, and designation at the end of the letter.Hence, in this case, it is concluded that there are specific ways to write a good inquiry letter.
Learn more about Inquiry Letter here: https://brainly.com/question/4208084
Cultural Change
The General Duty Clause imposes requirements on
Answer:
employer
Explanation:
The general duty clause imposes requirements on employer to provide every employee with a place of employment that are causing or a likely to cause death or serious Physical harms.
Rachel borrows money from her bank to buy a car. What type of bank service
is Rachel using?
O A. Credit card
B. Checking account
C. Savings account
D. Loan
Answer:
D
Explanation:
A loan refers to money borrowed by people or organisations from the bank
The type of bank service which Rachel is using in order to buy a car is 'loan.'
What is a bank?A bank, an financial institute that deals in money and its substitutes. A bank accepts deposits from the public and then creates a demand deposit while also simultaneously providing loans. Thus, banks are intermediaries between depositors (who lend money to the bank) and borrowers (to whom the bank lends money).
What services do banks provide?Banks provide a lot of services to its customers. These services intends to attract customers. Such services provided by the banks are- giving loans, credit and debit cards, discounting on bills of exchange, cheque payments, digital financial services, and even personal services.
What do you mean by a loan?A loan is a sum of money that one or more individuals or companies borrow from banks or other financial institutions so that they can manage planned or unplanned events financially.
When a loan is borrowed from a bank or other financial institution it has to be paid back, usually together with an extra amount of money called interest, that you have to pay as a charge for borrowing within a given period of time. Thus, loans provide liquidity to businesses and individuals, and so they are a necessary part of the financial system.
Hence, option D is correct.
To learn more about loan here:
https://brainly.com/question/11794123
#SPJ2
dont KNOW FIND IT YOURSEF
Answer: What is your business question?
A decision-maker faces the following decision under conditions of uncertainty. This decision-maker has $1 million in assets. Most of those assets, $750,000, are the individual’s equity in his house. The remaining $250,000 are absolutely secure. Unhappily, there is a risk that the individual’s house will burn down in a fire, which would be a total loss of the $750,000. The individual can insure his house against the loss from this fire. The premium for the insurance is $40,000, and it will insure the individual completely; that is, if the individual chooses to purchase this insurance policy, his assets will be $960,000, whether or not there is a fire. (There is no mortgage on the house, so $750,000 is the full amount paid by the insurance company.) The probability of a fire is 0.05.
Required:
a. What is the expected net earnings, the premium less the expected amount paid out to the client, to the insurance company from this policy?
b. If the individual in question were risk neutral, would he buy this insurance policy?
c. If the individual in question is an expected utility maximizer, with the utility function u(a) = where a is the individuala's total assets, would this individual buy the insurance?
Answer:
The correct Answer Is C,
Explanation:
I got It Right :)
A- The net earnings of the individual in question will be $710000 after the individual's claim for loss by fire is settled by the insurance company. B- Yes, he would buy the insurance if he were risk neutral.
C- Yes, the individual will buy the insurance policy if he were a expected utility maximizer as he would want to claim complete settlement of this amount to be claimed in case of fire loss.
The expected net earnings from the insurance after deducting the amount from the premium paid and total claim endorsed by the insurance company will be $710000 which can be shown as below
[tex]\rm Net\ earnings= claim\ received - premium\ of\ policy[/tex]
[tex]\rm Net\ earnings= 750000-40000[/tex]
We get,
[tex]\rm Net\ earnings= 710000[/tex]
If the individual were risk neutral he would like to take the insurance as the risk of fire in the example given above is 0.5 which is greater than zero and this ultimately implies that risk cannot be taken.In the case if the individual is expected utility maximizer he would take the insurance as it would not only give him the claims from losses due to fire but also help him secure his house against beta of fire.
Hence, the correct answers will be A- $710000; B- Yes.; C- Yes. and imply that taking insurance will be a wise decision by the individual.
To know more about insurance policy , click the link below.
https://brainly.com/question/24984403
Work ethics are a naturally inherited quality.
Is this statement true or false?
true
false
HELP PLS
Which of the following is a explain a job responsibility for an engineer in a manufacturing plant.
A: Creating product designs
B: inspecting products
C: repairing machinery
D: supervising mechanics
Answer:
The answer is AExplanation:
I know my answer is very late but imp leaving this here for whoever needs it. Engineers make the actual machinery designs and test them. Therefore the answer is A. If my answer is incorrect I am sorry.
what is enterprenuaship
Answer:
A person who undertakes the risk of starting a new business venture is called an entrepreneur. An entrepreneur creates a firm to realize their idea, known as entrepreneurship, which aggregates capital and labor in order to produce goods or services for profit.
Explanation:
What value is usually
associated with the term
(Y)"?
A. Interest Rate
B. Real Output
C. Equilibrium Price
D. M1
Answer:
B real output. Have a great Friday. Enjoy the weekend.
State one effect the great depression had on many Americans?
Answer:
Great Depression
EXPLANATION:
I hope this helps (:
Match the technology with the appropriate task
Answer:
1. e-mail = send a message and an attached document to ten staff members
2. GPS = get directions to a destination
3. fax machine = send a copy of documents to another office
4. Web browser = search the Web for information
5. word processor = type a business letter
Midyear on July 31st, the Digby Corporation's balance sheet reported: Total Liabilities of $128.297 million Total Common Stock of $6.350 million Cash of $10.050 million Retained Earnings of $45.255 million. What were the Digby Corporation's total assets
Based on the information given Digby Corporation's total assets is:$179.902 million .
Using this formula
Total assets = Total liabilities + Shareholders’ equity
Total assets= Total liabilities + ( Total common stock + Retained earnings)
Where:
Total liabilities= $128.297 million
Total common stock= $6.350 million
Retained earnings= $45.255 million
Let plug in the formula
Total assets= $128.297 million + ( $6.350 million + $45.255 million)
Total assets= $128.297 million +$51.605 million
Total assets= $179.902 million
Inconclusion Digby Corporation's total assets is:$179.902 million .
Learn more about total assets here:https://brainly.com/question/10700825
During the external audit of Indico Ltd, which provides industrial maintenance services, the audit senior discovered that the operations director, with the approval of the other directors of Indico, had instructed employees to breach statutory health and safety regulations so that the company would benefit from cost savings. Explain the audit senior’s and the audit firm’s responsibilities in respect of this matter.
Basically, an auditing is done to examine an organization's financial records to determine the accuracy and to check if they are prepared in accordance with applicable accounting rules.
An external audit is the auditing done by an independent accountant to examine the financial records of the firm,Since the audit senior (external audit) discovered that the firm instructed their employees to breach statutory health and safety regulations to save cost, then, it is apparent that a rule have been violated.In conclusion, in this case, the audit senior is required to report the discovery to necessary department for proper sanction and the audit firm is at responsinility to prove it does not default to safety regulation.
Read more about auditing
brainly.com/question/7890421
Rather than creating a new product, Chinese manufacturers have been notably successful at adopting a different strategy. They have been able to make and offer a competing product so rapidly that the majority of adopters have a choice when purchasing the product for the first time. This is referred to as a
The method that was adopted by the Chinese manufacturers who instead of creating a new product, adopted a different strategy is: Lean manufacturing initiative.
Lean manufacturing initiative is a form of manufacturing where the producer identifies non-value adding activities and initiates measures to systematically eliminate these.
The process is gradual. Most manufacturing organizations adopt this process.
This is the same with the Chinese industries who instead of immediately creating a new product, adopt the strategy of introducing competing products.
Learn more about lean manufacturing initiative here:
https://brainly.com/question/24155857
regional economic intergration in india
Answer:
the india is regional economic in EST asia
Consider a favorite product or service of yours. What is it you value, and what matters most? Can you develop clear requirements from this? And Categorize your requirements revealed through the value you perceive into ‘Basic Quality’, ‘Spoken Performance’, and ‘Excitement Quality’ features, 2-2) And Taking your example from questions 1 put yourself in the place of the supplier; how might you access customer requirements such as the ones you noted?
Based on the information given, a favorite product of mine will be a mobile phone and it provides me with several values.
The values that can be gotten from the mobile phones will be:
I can make calls and send text messages.I can manage professional meetings and emails.I can make purchases on online stores. I can capture photos and videos.Also, the most important feature of the mobile phone that I like is the camera and its connectivity.
Lastly, the requirements that I like in a phone include camera features, clarity of calls and ease of access.
Learn more about values on:
https://brainly.com/question/25528419
advantages of apron in points
Which part of the LRAS curve looks similar to a " Classical LRAS^ prime prime curve?
A. The Segment between A and B
B. The Segment between B and C
C. The Segment between C and D
D. The Segment between A and C
Answer:
C. The segment between C and D
Explanation:
mark me brainliest plsss
In 2015 Paul Gauguin's painting When Will You Marry sold for $300 million. Portray this sale in a demand and supply diagram and comment on the elasticity of supply. Comedian George Carlin once mused, "If a painting can be forged well enough to fool some experts, why is the original so valuable?" Provide an answer.
Answer:
Answer: The original painting is valuable because there is demand tor it in the market The demand is derived demand because the buyer wants to show his status in the society, and it could only be possible by associating with it. He is also the ones
Because there is a market for it, the original painting is valuable. The buyer wants to demonstrate his social standing, which drives demand.
What is Law of demand ?According to the law of demand, the quantity bought varies inversely with price. In other words, if the price increases the demanded quantity decreases.
He is also the person who paid the most to reserve the painting. The individual who values it the highest will get it if there is only a limited supply on the market. Some people strongly prefer the original picture and would not pay for it even though there are duplicates on the market.
The demand will then increase significantly. The original picture is represented by the demand curve in the aforementioned graph. when there is only one surviving original master work At equilibrium, the market's price is high.
Hence the original painting's demand is high and quantity is less, that's why it is sold for $300 million.
Learn more about Law of demand here:
https://brainly.com/question/10782448
#SPJ2
In which 2 ways can you create a customized template for a project in qbo
The two ways you can create a customized template for a project in QuickBooks online are as follows:
1. Use an inbuilt project template and then customize it to your style. This method involves the use of a standard or custom template. Then, you can adjust the tasks, due dates, and assignees as required.
2. Create a new project template by customizing it to match your needs.
Thus, the two ways of creating a project template in QuickBooks online as stated above are not complicated.
Learn more about creating a customized template for a project in QuickBooks online here: https://brainly.com/question/21642966
Two groups have different uses for a local field. A bird watching society enjoys studying the ground-nesting swallows that visit each summer. A mountain bike camp prefers to use the field to build jumps and hold other events and receives a benefit of $1,000 from using the field. When it does, the activities scare away the birds and the bird-watching society faces a wealth reduction of $700. What is the optimal use of the field during the summers
The optimal use of the field during summer season is to provide the field to the bird watching society.
The optimal use of the field during summer season is to avoid the mountain bike camp and allow the bird watching society to enjoys studying the ground nesting swallows that visit each summer because bike camp can be planned at any other location.
But the birds can't nested except this place so the field should allow the bird watching society to enjoys studying the ground nesting swallows on the field so we can conclude that the optimal use of the field during summer season is to provide the field to the bird watching society.
Learn more about field here: https://brainly.com/question/7227990
Learn more: https://brainly.com/question/26053891
Harris Teeter is advertising a sale on hamburger buns. What is the impact on the demand for hamburgers
The impact on the demand for hamburgers when Harris Teeter advertised a sale on Hamburger buns is an increase in the demand for hamburgers.
A sale is an activity where goods are sold at discounted prices. When a sale is advertised, people are most likely going to seize the opportunity to purchase goods at discounted amounts.
There will thus be an increase in the demand for goods.
So, the impact on the demand for hamburgers when Harris Teeter advertises a sale is an increase.
Learn more about advertising here:
https://brainly.com/question/5760297
What are the issues of integrity, ethics and law posed in the case study? What options does the woman have, and what should she do and why?
The integrity, ethics, and law issues raised in the case study are illegal and unethical conduct.
The woman must reject the economic proposal made by the company and maintain her complaint so that the executive is judged for what she did because she would avoid future harm to other employees.
What is ethics?
Ethics is a term that refers to moral philosophy. This focuses on the study of human behavior based on right and wrong according to duty. Contemporary ethics is usually divided into three branches which are:
Metaethics studies the origin, nature, and meaning of ethical concepts. Normative ethics seeks norms or standards to regulate human conduct. Applied ethics examines specific ethical controversies.According to the above, it can be inferred that the situation presented is an example of an unethical and illegal act because the company and the executive want to bribe the employee to prevent the executive from being removed from his position and the company from being judged for endorsing that conduct of the executive.
Note: The question is incomplete because the information is missing. Here is the complete information:
Case study 4
A woman is sexually harassed by a top-level senior executive in a large company. She sues the company, and during settlement discussions she is offered an extremely large monetary settlement. In the agreement, the woman is required to confirm that the executive did nothing wrong, and after the agreement is signed the woman is prohibited from discussing anything about the incident publicly. Before the date scheduled to sign the settlement agreement, the woman's lawyer mentions that she has heard the executive has done this before, and the settlement amount is very large because the company probably had a legal obligation to dismiss the executive previously. The company however wants to keep the executive because he is a big money maker for the company.
What are the issues of integrity, ethics and law posed in the case study? What options does the woman have, and what should she do and why?
Lecturer Guidelines
Some of the issues raised by this case study include initial issues of unethical and unlawful conduct, by the executive and the company; whether the company should allow the executive to continue working because of the revenue he generates, in view of his propensity to harm co-workers, and whether this action is ethical or reflects integrity; whether the company should require the woman to state that the executive did nothing wrong as part of the settlement agreement; whether the woman should agree to this settlement in view of the harm future employees are being exposed to; and whether the woman is prioritising justice for herself over harm to future employees in an acceptable way.
Learn more about ethics in: https://brainly.com/question/2630782
2. It is estimated that over 100,000 students will apply to the top 30 MBA programs in the United States this year. a. Using the concept of net present value and opportunity cost, explain when it is rational for an individual to pursue an MBA degree. b. What would you expect to happen to the number of applicants if the starting salaries of managers with MBA degrees remained constant but salaries of managers without such degrees decreased by 20 percent? Why?
It will be rational for an individual to pursue an MBA degree when the net present value (NPV) is positive.
In order for the individual to know if tp pursue the degree, the net present value should be calculated and when it's positive, then the degree should be pursued.
In a situation where the NPV is negative, the degree should not be pursued. When the starting salaries of managers with MBA degrees remained constant but salaries of managers without such degrees decreased by 20 percent, the number of applicants for the MBA degree will increase.
Learn more about NPV on:
https://brainly.com/question/7254007
Which of the following accounts would Carlo credit when a customer who bought three dozen pastries and muffins from his bakery paid $55 in cash?
Based on the nature of the transaction described above, the account that would be credited is Revenue
Revenue is the amount that is received when a person or company sells a good or service.
By selling the pastries, Carlo jus earned some revenue. This revenue should therefore be posted to the revenue account. When revenue increases - as it just did - it is credited.
In conclusion, Carlo should credit the Revenue account.
Find out more about revenue at https://brainly.com/question/16232387.
Compare and contrast the strategic planning process in public and non-profit organisations.
A public organization is one which focus on services to the public including public authority, state agency etc
A non-profit organization is one which focuses on a social cause (like religion, research, education) and not driven by profit.
In comparison, both the public and non-profit organisations uses the strategic plan to establish goals as well as to review operations.In contrast, the strategic planning in public and non-profit organisations is different because public organization is guided by government directives whereas the non-profit organization is guided by their mission and purpose.Read more about organization
brainly.com/question/19334871
Given the following information for Blue Bell Company for last year: Net sales (all on account) $5,200,000 Cost of goods sold 2,080,000 Interest expense 240,000 Income tax expense 280,000 Net income 420,000 Income tax rate 40% Total assets: January 1 $1,800,000 December 31 2,400,000 Shareholders' equity (all common): January 1 1,500,000 December 31 1,600,000 Current assets, December 31 700,000 Quick assets, December 31 400,000 Current liabilities, December 31 300,000 Net accounts receivable: January 1 200,000 December 31 180,000 Inventory: January 1 210,000 December 31 250,000
Refer to table: Blue Bell's current ratio at December 31 was:____.
a. 2.33 times
b. 3.67 times
c. 0.43 times
d. 1.33 times
Based on the information given Blue Bell's current ratio at December 31 was:
a. 2.33 times.
Using this formula
Current ratio=Total current assets/ Total current liabilities
Where:
Total current assets=$700,000
Total current liabilities=$300,000
Let plug in the formula
Current ratio=$700,000/$300,000
Current ratio=2.33 times
Inconclusion Blue Bell's current ratio at December 31 was:
a. 2.33 times.
Learn more about current ratio here:https://brainly.com/question/2686492