19) Suppose that an investment has a 2% chance of a loss of $100 million, a 5% chance of a loss of $200 million, a 3% chance of a loss of $50 million, and a 90% chance of a gain of $50 million. What is the approximate Expected Shortfall of this investment when the confidence level is 94%? $183 million $200 million $167 million $150 million 20) Suppose that each of two investments has a 5% chance of a loss of $10 million and a 95% chance of a profit of $1 million. What is the VaR for a portfolio consisting of the two investments when the confidence level is 95%? $20 million $11 million $10 million $9 million 21) VaR represents: The loss level during a time period of a certain length that we are X% certain will not be exceeded The loss level during a time period of a certain length that we are X% certain will be exceeded The gain level during a time period of a certain length that we are X% certain will not be exceeded The gain level during a time period of a certain length that we are X% certain will be exceeded
Answers
The approximate Expected Shortfall of this investment, with a confidence level of 94%, is $200 million.
The correct option is b.
To calculate the Expected Shortfall or the ES of the investment, we need to determine the average loss beyond a given confidence level. The ES represents the average of the worst outcomes beyond the confidence level.
Given the probabilities and losses associated with the investment, we can calculate the ES as follows:
Loss of $100 million with a 2% chance
Expected loss = Probability × Loss = 0.02 × (-$100 million) = -$2 million
Loss of $200 million with a 5% chance
Expected loss = Probability × Loss = 0.05 × (-$200 million) = -$10 million
Loss of $50 million with a 3% chance
Expected loss = Probability × Loss = 0.03 × (-$50 million) = -$1.5 million
Gain of $50 million with a 90% chance
Expected gain = Probability × Gain = 0.9 × $50 million = $45 million
Given that the confidence level is 94%, we need to consider the worst 6% of outcomes.
Arranging the losses and gains in descending order:
-$200 million, -$100 million, -$50 million, $50 million
Based on the given probabilities, the cumulative probability for the first two outcomes is:
2% + 5% = 7%
Since 7% exceeds the desired confidence level of 6%, we consider the worst two outcomes for calculating the ES.
ES = (Loss1 × Probability1 + Loss2 × Probability2) / (1 - Confidence Level)
ES = (-$200 million × 0.05 + (-$100 million) × 0.02) / (1 - 0.94)
ES = (-$10 million - $2 million) / 0.06
ES = -$12 million / 0.06
ES = -$200 million
Hence, the correct option is option b.
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Related Questions
Hsu Company reported the following on its income statement: Income before income taxes $420,000 Income tax expense 120,000 Net income $300,000 An analysis of the income statement revealed that interest expense was $80,000. Hsu Company's times interest earned was Answer a. 5 times. b. 6.25 times. c. 5.25 times. d. 8 times.
Answers
Income before income taxes: $420,000Income tax expense: $120,000Net income: $300,000Interest expense: $80,000We have to determine the times interest earned.
Times interest earned ratio is computed by dividing the income before income taxes and interest expense by interest expense only. So, calculating the times interest earned: TIE = (Income before income taxes + Interest expense)/Interest expense= ($420,000 + $80,000)/$80,000= $500,000/$80,000= 6.25Therefore,
Times interest earned ratio is computed by dividing the income before income taxes and interest expense by interest expense only. TIE = (Income before income taxes + Interest expense)/Interest expense= ($420,000 + $80,000)/$80,000= $500,000/$80,000= 6.25Hence, the answer is 6.25 times.
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Joji is a 37-year-old married business owner. He runs a dry cleaning service with three locations in Toledo, Ohio. His personal obligations are the home that he owns with his wife, who works for a large financial consulting firm; the healthcare of his family; and his commitment toward saving for his three children's college educations. Joji knows that two of his locations require a large infusion of cash to pay for new and expensive dry cleaning equipment. Although his wife's job provides the family with health insurance, it also places the family in a higher income tax bracket. Joji would certainly like to minimize his taxes. Which of the following forms of business ownership would you suggest for him?A. Joji should consider a limited liability company because he will only be liable for what he has invested in the business. His personal assets will be protected, and he can be taxed like a sole proprietorship.
B. Joji should consider a sole proprietorship due to the fact that it pays its own taxes and it has limited liability.
C. Joji should consider a corporation because he can avoid the negative aspect of limited liability. Corporations are always taxed at a lower rate than individuals.
D. Joji should consider a sole proprietorship due to the fact that it has unlimited liability and it will protect the family's personal assets.
Answers
Answer:
a
Explanation:
For the situation given above where Joji wants to save his taxes, it would be advisable for him to consider incorporation of a limited liability company because he will only be liable for what he has invested in the business. His personal assets will be protected, and he can be taxed like a sole proprietorship. Therefore, the option A holds true.
What is the significance of a limited liability company?A limited liability company can be referred to or considered as a company where the members who hold ownership share in the company have an advantage of protecting their personal liabilities in case of insolvency of the firm.
The members of the limited liability company are joint owners, and also hold the liability for the profits and losses of the firm in the regular functioning. Taxation for members is done in the capacity of a sole proprietor, if there is a single member in the company.
Therefore, the option A holds true and states regarding the significance of a limited liability company.
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If you could franchise a business - what business would you choose? (2-3 sentences)
Answers
Answer:
I would choose the Franchise Dunkin Donuts since many people get hungry in the morning. And since plenty of people work in the day times. It would be a mastermind full proof plan of sweet success.
Explanation: In Russia dog does not eat your homework, I do.
most people need ____ minutes of exercise per day for weight management.
Answers
Most people need 30-60 minutes of exercise per day for weight management.Exercise has numerous health benefits, including weight loss. To attain an ideal body weight, one must exercise regularly.
Most people need to do moderate-intensity aerobic exercise for a minimum of 30 minutes every day to maintain their weight, and the majority of them need to perform 60 minutes or more per day for optimal weight loss and weight management.Exercise promotes weight loss and aids in the maintenance of a healthy body weight by increasing metabolism, which helps to burn more calories. Additionally, regular physical activity strengthens the muscles and improves overall health, including reducing the risk of various chronic diseases.
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factors driving supply
Answers
Answer:
Being More Responsive to Customer’s Unique Product Requirements with Short-Notice Production Flexibility is the New Normal.
Explanation:
The IDEO work group that invented a new type of supermarket trolleys in the video "The Deep Dive" were self-driven, innovative and brought their individual expertise into the team discussions. What type of team are they? a. Self-managed Team. b. Consultative Team. c. Cross-functional Team. d. Informal Team
Answers
The IDEO work group that invented a new type of supermarket trolleys in the video "The Deep Dive" is a cross-functional team.
A cross-functional team is a group of individuals with a wide range of expertise, knowledge, and experience, brought together to collaborate on a specific project or objective. In this context, a cross-functional team implies individuals from various functional departments or backgrounds who work together to solve problems, create innovations, or achieve common goals.
Each member of a cross-functional team has a unique set of skills and knowledge that contribute to the success of the project. For example, in the case of the IDEO workgroup that invented a new type of supermarket trolleys in the video "The Deep Dive," it involved engineers, designers, and marketers, all working together to create a new type of supermarket trolley.The group brought their unique expertise to the table, engaging in team discussions to come up with the best solutions.
This ability to combine diverse skills and expertise is crucial in cross-functional teams, leading to effective problem-solving and creative solutions. Therefore, the IDEO work group that invented a new type of supermarket trolleys in the video "The Deep Dive" can be classified as a cross-functional team.
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I know this is impossible but can you guys help? Doesn’t have to use fancy words and doesn’t have to be long, I’m not English native speaker but I have to
Don’t use all the words if it’s too difficult
Answers
Answer:
sorry I didn't see your question
Explanation:
very very sorry for my information
what is the adjusted cash balance per bank, if the cash balance per bank statement is $12,150; there are $6,245 of outstanding checks; and $2,385 of deposits in transit?
Answers
If the cash balance per bank statement is $12,150; there are $6,245 of outstanding checks; and $2,385 of deposits in transit, then the adjusted cash balance per bank will be $8,290. Therefore, the option C holds true.
What is the significance of adjusted cash balance?An adjusted cash balance can be calculated using the formula,
Adjusted Cash Balance = Cash Balance – Deposits in Transit + Outstanding Balances
Using this formula, the adjusted cash balance for the given condition can be computed as,
Adjusted Cash Balance = 12150 – 6245 + 2835 = $8,290
Therefore, the option C holds true and states regarding the significance of an adjusted cash balance.
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The missing options to the question are added for better reference.
What is the adjusted cash balance per bank, if the cash balance per bank statement is $12,150; there are $6,245 of outstanding checks; and $2,385 of deposits in transit?
A $16,010
B $12,150
C $8,290
D $21,780
True or False. A stockbroker is always required to act in a client's best interests and is held to a fiduciary standard.
Answers
Answer: true
Explanation:
How does technology trends affect a pharmacy business?
Answers
Answer: Artificial Intelligence or Machine Learning.
Explanation:
Artificial Intelligence or Machine Learning offers multiple benefits such as data processing, enabling pharmacists to make quicker data-backed decisions, and improving customer service. With the Internet of Things, drug inventory management will be more accurate and faster; through device-to-device communication.
Which one of the following items is not one of the three primary manager responsibilities?
a. Planning
b. Directing
c. Adjusting
d. Controlling
Answers
The item that is not one of the three primary manager responsibilities is "Adjusting" (C). The three primary manager responsibilities are planning, directing, and controlling.
1. Planning involves setting goals, determining strategies, and outlining the steps necessary to achieve those goals. It involves identifying objectives, allocating resources, and developing action plans to guide the organization.
2. Directing refers to the process of guiding and supervising employees to accomplish the planned goals. It involves providing instructions, motivating employees, and facilitating effective communication to ensure that tasks are performed efficiently and effectively.
3. Controlling involves monitoring the progress towards goals, comparing actual performance with desired outcomes, and taking corrective actions when necessary. It includes setting performance standards, measuring performance, and implementing adjustments to ensure that objectives are met.
While adjustment may be a part of the managerial process, it is not considered one of the primary responsibilities. Adjusting typically falls under the controlling function, where managers make necessary modifications to align performance with organizational goals.
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Which management skills do managers apply to keep work schedules in check? A. technical skills B. delegation skills C. motivational skills D. organizational skills
Answers
Answer:
The answer is B. delegation skills.
Explanation:
When a boss assigns tasks to his employees, this is an example of delegation.
Answer:
The correct answer is B
Explanation:
plz mark brainliest
The ICH GCP guidelines:
- set standards for the design, conduct, monitoring and reporting of clinical research.
- guarantee that a submission in any ICH region will be approved for marketing.
- require certification of clinical research sites and investigators
- replace FDA regulations for internationally conducted studies of drugs that will be marketed in the U.S.
Answers
Answer:
Explanation:The ICH-GCP is a harmonised standard that protects the rights, safety and welfare of human subjects, minimises human exposure to investigational products, improves quality of data, speeds up marketing of new drugs and decreases the cost to sponsors and to the public.
the last
A review of the expense account detail reveals the following:
The travel expense includes the costs Allison incurred to attend a seminar on sports car accessories. She spent $300 on airfare, $400 on lodging, $90 on a rental car, and $150 on restaurant meals. Allison has proper receipts for these amounts.
The gift account details show that Allison gave a $30 gift to each of her six best suppliers.
The supplies expense account detail reflects the purchase of 250 pens with the "Toge Pass" logo inscribed on each pen. Allison gave the pens away to suppliers, customers, and other business contacts before the end of the year.
Uniforms expense reflects the cost to purchase polo shirts Allison provided for each employee (but not herself). The shirts have the Toge Pass logo printed on the front and back and are the required apparel while working but otherwise are just like any other polo shirts.
The license and fee account includes a $600 fine Toge Pass paid to the state of Washington for environmental damage resulting from an oil spill.
I am looking for further clarification on what are 2021 business expenses for a Schedule C from the list provided.
Answers
1. Travel Expense: Deductible expenses include $300 for airfare, $400 for lodging, $90 for a rental car, and $150 for restaurant meals related to attending a seminar on sports car accessories.
2. Gift Expense: A deductible expense of $30 each was incurred for gifts given to six best suppliers, subject to specific limitations on deductibility.
3. Supplies Expense: The cost of purchasing 250 pens with the company logo is deductible, but the deductibility of distributing them as gifts or promotional items may have specific rules.
4. Uniforms Expense: The cost of purchasing required polo shirts with the company logo for employees (excluding Allison) is a deductible business expense.
5. License and Fee Expense: The $600 fine paid for environmental damage resulting from an oil spill is generally non-deductible as it falls under fines or penalties imposed by governmental entities.
Based on the information provided, the following expenses can be considered as 2021 business expenses for a Schedule C:
1. Travel Expense:
- Airfare: $300
- Lodging: $400
- Rental Car: $90
- Restaurant Meals: $150
These expenses are considered deductible if they were incurred for business purposes, such as attending the seminar on sports car accessories.
2. Gift Expense:
- $30 gift to each of the six best suppliers
Gifts given to suppliers can be considered as business expenses. However, there are specific limitations on the deductibility of gifts, and the total amount deductible per recipient may be subject to certain rules. It's advisable to consult a tax professional or refer to IRS guidelines for specific limitations and requirements.
3. Supplies Expense:
- Purchase of 250 pens with the "Toge Pass" logo
The cost of purchasing the pens with the company logo can be considered a deductible business expense. However, it's important to note that the pens were given away to suppliers, customers, and other business contacts. The deductibility of promotional items distributed as gifts or promotional materials may have specific rules and limitations. Consulting with a tax professional or referring to IRS guidelines would provide better clarity on the deductibility of these expenses.
4. Uniforms Expense:
- Cost of purchasing polo shirts for employees (excluding Allison) with the company logo
The expense for purchasing the required polo shirts with the company logo for employees is considered a deductible business expense. The uniforms are specifically designated for work purposes and are not suitable for everyday wear.
5. License and Fee Expense:
- $600 fine paid to the state of Washington for environmental damage resulting from an oil spill
The $600 fine paid to the state of Washington for environmental damage resulting from an oil spill is generally considered a non-deductible expense. Fines or penalties imposed by governmental entities are typically not deductible for tax purposes.
Please note that this is a general overview, and it's recommended to consult a tax professional or refer to the specific IRS guidelines for accurate and detailed information regarding the deductibility of these expenses on Schedule C.
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a tax on an imported product designed to raise revenue or protect domestic firms is referred to as a(n) .
Answers
A tax on an imported product designed to raise revenue or protect domestic firms is referred to as a tariff.
First, tariffs generate revenue for the government, which can be used to fund public services, infrastructure projects, or other expenditures. This revenue is collected from importers, who pay the tax to the customs authorities when bringing goods into the country.
Second, tariffs protect domestic industries from foreign competition by increasing the cost of imported goods. This protection allows domestic firms to maintain their market share and potentially grow their businesses, as it becomes more expensive for consumers to purchase imports. Consequently, consumers are encouraged to buy locally produced goods, which benefits the domestic economy.
However, it is important to note that tariffs can have negative consequences as well. They may lead to retaliatory measures from trading partners, resulting in a trade war, which can harm global economic growth. Additionally, tariffs can increase the cost of production for domestic firms that rely on imported raw materials or intermediate goods, making them less competitive internationally.
In summary, a tariff is a tax on imported products aimed at raising revenue for the government and protecting domestic industries from foreign competition. While tariffs can provide short-term benefits to domestic firms, they may also have adverse effects on international trade relations and domestic production costs.
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Members of successful teams put a tremendous amount of time and effort into discussing, shaping, and agreeing on which then provides direction and guidance under any and all conditions.A) the level of individual contributionB) allocation of resourcesC) a common purposeD) allocation of rolesE) developing team efficacy
Answers
The success of a team depends on various factors, and one of the most critical ones is the establishment of a common purpose or goal.
Members of successful teams put a tremendous amount of time and effort into discussing, shaping, and agreeing on this common purpose. This helps to create a sense of shared vision and direction, which guides the team's efforts under any and all conditions. In addition to a common purpose, another critical factor is the allocation of roles within the team. Each team member should have a clear understanding of their responsibilities and how they contribute to the team's overall success. This helps to ensure that everyone is working towards the same goal and avoids duplication of efforts.
The level of individual contribution is also important. Each team member brings unique skills and expertise to the team, and it is essential to recognize and utilize these skills effectively. This helps to maximize the team's potential and ensures that each member feels valued and appreciated.
Allocation of resources is another crucial factor that impacts the success of a team. Teams must have access to the necessary resources to complete their tasks and achieve their goals. This includes financial resources, physical resources, and human resources.
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A company announced layoffs that affected several employees. Most of the employees laid off were older, while younger workers with less seniority and less on-the-job experience were kept.
What type of discrimination below does this scenario describe?
-Hostile work environment
-Quid pro quo
-Sexual harassment
-Age discrimination
Answers
The scenario described in the question reflects age discrimination. Age discrimination occurs when an individual is treated unfavorably or disadvantaged based on their age, typically in the workplace.
In this case, the company's decision to lay off mostly older employees while retaining younger workers suggests a discriminatory practice based on age.The other options provided in the question, such as hostile work environment, quid pro quo, and sexual harassment, do not align with the given scenario. Hostile work environment refers to an environment characterized by discriminatory behavior that creates an intimidating, offensive, or hostile atmosphere. Quid pro quo refers to a situation where employment decisions are based on an individual's acceptance or rejection of unwelcome advances or requests. Sexual harassment involves unwanted sexual advances, comments, or conduct that creates an uncomfortable or hostile work environment.However, the scenario explicitly mentions that the layoffs predominantly affected older employees, indicating a case of age discrimination.
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What is revenue and what is profit?
Answers
Explanation:
The income returned by an investment is revenue.
Total income or cash flow minus expenditures is profit.
Hope it will help :)
Answer:
Revenue consists of all income before costs. Profit is what remains of the income after costs.
Explanation:
Hope this helps :)
Can anyone help me?
Saving money allows u to set more aside in a(n) ____ fund
Emergency
Bond
Exchange
Answers
Answer:
Saving money allows you to set more aside in an Emergency fund.
which two things do CRM methods accomplish?
CRM is a set of methods that seeks both to understand costumers and to ______ about customers segments that companies should consider catering too.
FILL IN THE BLANK.
Answers
Answer:
I think it's make decisions
Explanation:
"CRM is a set of methods that companies use to understand customers. These methods make decisions regarding the selected customer segments"
The CRM is used for making decisions as it seeks to both understand the consumers and know about the segments that companies cater to.
What is a CRM?A CRM is a customer relationship management software that is a process that businesses and other organizations used to administrator the interactions among the customer typically using the data analysis to study a large amount of information.
Thus the system understands snd helps to decide the companies the customers they are catering to.
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WILL MARK BRAINLIEST!
Which of the following professionals is most closely associated with a company’s reputation?
-Public relations specialists
-Market research analysts
-Art directors
-Advertising, promotions, and marketing managers
Answers
Answer:
Public relations specialists
Explanation:
Public relations specialists refer to individuals who develop and maintain the public image i.e. favorable for the company in which they present. Here the perception of the organization should be shape aslo it would be increase the awareness towards the work and goals
Therefore according to the given situation, the professional that is closely linked with the reputation of the company is public relations specialist
sport directs and British Heart Foundation: mission, vision, and values.
Answers
Our British goal is to create a world without the worry of cardiovascular and Foundation circulation conditions. These illnesses destroy the hearts mission of millions of families and claim the lives of 1 in 4 people.
We intend to alter that. In order to permanently defeat sadness, we raise money for research into treatments and Foundation cures. According to the BBC's Royal Charter, its purpose is to act in the public interest mission while providing all audiences with objective, outstanding, and distinctive products and services that inform, educate, and amuse them. The British Heart Foundation Society seeks to promote the charity and raise funds for it.
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Which of the following is an example of telecommuting?
A. Setting up a conference call between two different companies
B. Working from home instead of at the company's main office
C. Scheduling a meeting in the middle of the day
D. Using a computer and slideshow during a meeting
Answers
B. Working from home instead of at the company's main office
Have a great day!
An example of is Working from home instead
Telecommuting is also known as Remote work
Telecommuting refers to the ability granted to an employee to work from remote place apart from the office.
The reason why Organization allows telecommuting are:
Its helps to improve employee efficiencyIts offers schedule flexibilityIts improved employee retention and attraction.In conclusion, the mode of getting work done have been increasing in recent time because its saves cost for both the employee and employer.
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Which part of effective leadership deals with maintaining equity?
Answers
Answer:
the part where you have to lead
Explanation:
In an employer-related group life contract, an employee may choose any of the following individuals or entities to serve as his or her policy's beneficiary EXCEPT
Answers
In an employer-related group life contract, the policyholder can choose a beneficiary who will receive the death benefit upon the policyholder's death. The Correct option is C
However, there are some limitations to who can be chosen as a beneficiary. Generally, an employee can choose anyone as the beneficiary of their policy, except for a business partner. The reason for this restriction is to avoid potential conflicts of interest or legal issues in the event of the policyholder's death.
Common choices for beneficiaries in group life insurance policies include spouses, children, and close friends or family members.
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Complete Question:
Which of the following individuals or entities may an employee NOT choose as the beneficiary of their policy in an employer-related group life contract?
A) Spouse
B) Child
C) Business partner
D) Friend
Help me ITs EASY TAKE A LOOK
Answers
Answer:
a) Employees (Staff)
Chief Executive officer (Owner)
b) Government
Share holders
What happens in a monopolistically competitive market when firms exit the market?
Answers
In order to create an output at which marginal income and marginal cost are equal, the firm sets its price in accordance with its demand curve. Any economic gains or losses will eventually be offset by entry or exit in monopolistic competition, leaving enterprises with no economic profit.
What transpires in a market that is monopolistically competitive?
Monopolistic competition arises when numerous businesses provide rival goods or services that are comparable but imperfect replacements.
Entry barriers are low in monopolistic competitive industries, and decisions made by one firm do not directly affect those of its rivals.
Why Is Monopolistic Competition Important?
Monopolistic competition arises when numerous businesses provide rival goods or services that are comparable but imperfect replacements.
Low entry barriers and a lack of direct competition allow for low entry barriers in monopolistic competitive industries.
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State three types of customer who may need additional support from a
deli
Answers
Customers with dietary restrictions: Customers who have specific dietary requirements, such as those who are gluten-free, vegan, or have food allergies, may need additional support from a deli to ensure that they are able to find suitable options. The deli may need to provide information on the ingredients used in their products or suggest alternative options that meet the customer's dietary needs.
Customers with disabilities: Customers with disabilities, such as those with mobility impairments or visual impairments, may need additional support from a deli to ensure that they are able to access the products and services they require. The deli may need to provide assistance with navigating the store, reaching products, or reading labels.
Customers with language barriers: Customers who speak a language other than the primary language used in the deli may need additional support to understand the products and services available. The deli may need to provide translation services, multilingual signage, or staff who can speak the customer's language to ensure that they are able to find what they need and make informed choices.
Pear co. sells 10 ipears at $100 each. total costs add up to $350. how much profit does pear co. make off the 10 ipears?
Answers
Answer is $650.
Given:
Pear Co. sell 10 ipears at $100 each = $1000
Total cost= $350
Profit is to be computed.
Entire revenue less the total costs equals profit. Companies report gross profit, operational profit, and net profit for accounting purposes (the "bottom line").
Profitable businesses are appealing to investors because earnings are either distributed to shareholders as dividends or reinvested in the business, enhancing stock value. Gross profit, operational profit, and net profit are the three basic forms of profit that may be found on the income statement.
The formula to compute the profit is given below:
Profit = Sales - total cost
=$1000- $350
=$350
Therefore, the total profit is $650.
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A person who is involved in the process of creating and managing a business to achieve his or her desired objectives is engaged in
Answers
Answer:
entrepreneur
Explanation:
An entrepreneur is an individual who initiates the process of creating and managing a business entity with profit motives. They start with developing a business idea and transform it into a successful venture. Entrepreneurs assume the risks associated with starting a new business. They risk their capital, time, and energy with the expectation to make profits.
Entrepreneurs are creative and innovative people. They spot business opportunities where others don't. Entrepreneurs develop products and services that address the community's needs.