What kind of entrepreneurd are risk takers?

pursue every business idea ...

run the risk of losing their invested capital ...

take out business insurance ...

take the chance of losing their lives

Adjusting items: 1. A physical inventory shows supplies on hand of $3,000 at year end. 2. The prepaid rent covers December 2016 thru March 2017 rents. 3. December depreciation on equipment is $11,000 per month. 4.

A foreign company whose sales will not affect markson's market offers to buy 2,000 units at $15.35 per unit. in addition to variable manufacturing costs, selling these units would increase fixed overhead by $1,690 for the purchase of special tools.

In 1975, interest rates were 7.85 % and the rate of inflation was 12.3 % in the United States. What was the real interest rate in 1975? How would the purchasing power of your savings have changed over the year?

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Mohr company purchases a machine at the beginning of the year at a cost of $40,000. the machine is depreciated using the straight-line method. the machine's useful life is estimated to be 8 years with a $9,000 salvage value.

If a perfectly competitive firm finds that price is less than average variable cost, it should: shut down immediately. increase output until price equals marginal cost. decrease output until price equals marginal cost.

True or False. Manufacturers are usually able to perform marketing functions, such as transporting, advertising, and storing, faster and more cheaply than marketing intermediaries.

Hope's employer deposits her paycheck directly into her checking account. How much would her employer have deposited into Hope's checking account on the most recent payday of 5/21/18?

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