Explain the role of an entrepreneur in the economy

Jordan operates a consulting business. He uses his personal credit card for both business and personal uses. The total finance charges paid for the year were $942. Jordan's total business charges on this card were 37% of all charges.

Superior Micro Products uses the weighted-average method in its process costing system. Data for the Assembly Department for May appear below: Materials Labor Overhead Work in process, May 1 $ 36,900 $ 61,650 $ 299,715 Cost added during May $

Hickory Manufacturing Company forecasts the following demand for a product (in thousands of units) over the next five years: Used from book Currently the manufacturer has seven machines that operate on a two-shift (eight hours each) basis.

What's the present value of a 4-year ordinary annuity of $2,250 per year plus an additional $3,800 at the end of Year 4 if the interest rate is 5%

Consider the following transactions of Sapphire Software: Mar. 31 Recorded cash sales of $130,000, plus sales tax of 8% collected for the state of New Jersey. Apr. 6 Sent March sales tax to the state. Journalize the transactions for the company.

If there are external benefits associated with the consumption of a good or service:a. The private demand curve will underestimate the true demand curveb. The market demand curve will be the vertical summation of the individual demand costsc.

At chaparral steel, delivery times, sales, profits, and customer service and loyalty have been boosted by a system that gives customers electronic access to the mill's inventories. what is the name of this kind of system?

What is the difference between a layoff and being fired?

What is "risk" and how can people reduce it through "risk shifting"?

Which type of business is best for Juanita to start? A corporation, because she needs a large investment to get started a sole proprietorship, because she will work alone from home a franchise, because many others will want to start the same