The payment to entrepreneurship is called

Profit is the payment to entrepreneurship. When the entity’s amount earned exceeds the amount spent in buying, operating, or producing something and it has a financial gain, this is then the term we call the profit.  This is what an entity obtains when the amount of revenue from a business activity exceeds the expenses, costs and taxes which are all needed to sustain the activity. The owner may or may not decide to use the profit on the business.  This is also defined as the money the business makes after all the expenses have been taken into account. It is any company’s goal to consistently earn profit. This is the reason why much of business performance is based on the various forms related to profitability. 

A team has been established to solve a problem with an industrial adhesive used by the firm. the three members are the installer, an engineer, and the sales representative for the adhesive manufacturer, but the team does not have a specific leader. this team can be called a ________ team.

The dishonor of an instrument relieves secondary parties of liability.
a. True
b. False

If a corporation has two classes of common stock, what is typically unique about the second or class b common stock?

If the paper reports a particular corporate bond price as 79.5, the price an investor would have to pay is ________.

A large bureaucratic organization is about to undertake a massive change in the way they do business. these changes will include redesigning processes

When john and mary go on their first date, john reveals extensive personal information to mary. what is the likely result of john's self-disclosure?

Susan, 56 years of age, and her daughter beverly, 28 years of age, are both secretaries. they both apply for the same job, and although susan has much more experience, the company hires beverly because, as one of the company's owners says, "who wants a wrinkled old lady to work in our office?" this attitude reflects

Which of the following is the correct minimum coverage that you must have for Property Damage Liability?

The fact that iq scores have, on average, risen over the past century is called the ________ effect.

A retail store credited the sales revenue account for the sales price and the amount of sales tax on sales. if the sales tax rate is 5% and the balance in the sales revenue account amounted to $294,000, what is the amount of the sales taxes owed to the taxing agency? $14,000 $14,700 $280,000 $294,000

Compensatory damages replace what was lost because of what the breaching party did and for this reason are often said to "make the person whole." true or false

The __________ job market is comprised of internet job boards, want ads, newspaper ads, and radio advertisements. these are media sources where employers will proactively seek employees.

Ryder and sergei are partners in timberline gear, which sells mountain- and rock-climbing equipment. ryder manages the business. unless the partnership agreement states otherwise, ryder is?

What is the future value of $1,000 after six months earning 12% annually?

Which of the following will be recorded in the owner’s equity column as an increase

Krizum industries makes heavy construction equipment. the standard for a particular crane calls for 24 direct labor-hours at $16 per direct labor-hour. during a recent period 850 cranes were made. the labor rate variance was zero and the labor efficiency variance was $8,800 unfavorable. how many actual direct labor-hours were worked?

Consumers generally shop and compare on their computers, then purchase with their smartphones.​truefalse

What does the credit balance in the accumulated depreciation account represent?

A singles business aims its promotions toward singles between the ages of 25 and 40 who reside in a specific county. the business has ________.

Burlington coat factory warehouse, inc., had a dress code that required male sales clerks to wear business attire consisting of slacks, shirt, and necktie. female saleschecks, by contrast, were required to wear a smock so that customers could readily identify them. karen o'donnell and other female employees refused to wear the smock. instead they reported to work in business attire and were suspended. after numerous suspensions, the female employees were fired for violating burlington's dress code policy. all other conditions of employment, including salary, hours, and benefits, were the same for female and male employees. (o'donnell v. burlington coat factory warehouse, inc., 656 f.supp. 263 (s.d. ohio 1987) see employment discrimination was the dress code policy discriminatory

James has just joined coratech systems, where he has been assigned to paul and natalie for sources of information about the company. paul and natalie introduce james to others at coratech, give him an office tour, and assure him that they will meet him regularly for the first few weeks, to help him in the transition to the new company. in this scenario, paul and natalie are part of the coratech's _____.

Jones company reported pretax book income of $400,000. included in the computation were favorable temporary differences of $50,000, unfavorable temporary difference of $20,000, and favorale permanent differences of $40,000. book equivalent of taxable income is:

Art and technology interact in the appearance of the volkswagen beetle as newer safety standards affect the _____ of the vehicle.

What are hourly wages? Select the best answer from the choices provided. income that is based on a yearly rate income that is based on the number of hours worked a benefit that is received once a year a benefit that is based on the number of hours worked

Technological advances have resulted in fewer opportunities for small businesses abroad.
a. True
b. False

If a model can be applied successfully by people in all areas and levels of an organization, it is said to possess the trait of:

Coordination and policy harmonization problems are largely a function of the number of countries that seek agreement.

a. True

b. False

At certain times banks may not be willing to fully loan out all of their _____________ and customers may not be willing to borrow.

Consider two cigarette companies, pm inc. and brown inc. if neither company advertises, the two companies split the market and earn $50 million each. if they both advertise, they again split the market, but profits are lower by $10 million since each company must bear the cost of advertising. yet if one company advertises while the other does not, the one that advertises attracts customers from the other. in this case, the company that advertises earns $60 million while the company that does not advertise earns only $30 million. refer to scenario 17-4. if these two companies collude and agree upon the best joint strategy,

a. neither company will advertise.

b. both companies will advertise.

c. pm inc. will advertise but brown inc. will not.

d. brown inc. will advertise but pm inc. will not.

Students who are completing classes and school work at their own pace, in any location or any time, are often known as