BUSN (with MindTap Business, 1 Term (6 Months) Printed Access Card) (MindTap Course List)
11th Edition
ISBN: 9781337407120
Author: Marcella Kelly, Chuck Williams
Publisher: Cengage Learning
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Chapter 7, Problem 2LO
Summary Introduction
To discuss: The entrepreneurial characteristics and mindset.
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Differentiate between entrepreneur and a manager using relevant examples from Eco Bricks BW
Bella Brands operates with two divisions, Aftershave and Deodorant. The Aftershave Division produces a chemical that the Deodorant Division also uses. The Aftershave Division also sells this chemical to other firms for $10 per ounce. The cost information for the Aftershave Division is as follows:
Variable costs per ounce
$ 6.00
Fixed costs per ounce
$ 15.00
Monthly production capacity
30,000
ounces
If the Aftershave Division is not operating at full capacity and is able to supply the Deodorant Division with its needs for the chemical, what is the minimum transfer price that the Aftershave Division will accept?
Multiple Choice
None of the choices is correct.
$10.00 per ounce
$6.00 per ounce
$15.00 per ounce
$3.00 per ounce
Identify and explain at least three factors that influence how entrepreneurship and the role of an entrepreneur are defined in a society.use thabos experience in Botswana as an example
Chapter 7 Solutions
BUSN (with MindTap Business, 1 Term (6 Months) Printed Access Card) (MindTap Course List)
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- Brar Incorporated supplied the following financial information for analysis: Depreciable assets (purchased at the beginning of year 1) $ 4,500,000 Profits before depreciation (all in cash flows at end of year): Year 1 960,000 Year 2 1,400,000 Year 3 2,100,000 Replacement cost of depreciable assets at end of: Year 1 $ 5,000,000 Year 2 6,200,000 Year 3 7,600,000 The assets are depreciated at a rate of 12% per year and have no salvage value. What is the ROI for year 2 using historical cost, net book value? Multiple Choice 26.60% 24.72% 25.15% 22.64% None of these.arrow_forwardBella Brands operates with two divisions, Aftershave and Deodorant. The Aftershave Division produces a chemical that the Deodorant Division also uses. The Aftershave Division also sells this chemical to other firms for $27 per ounce. The cost information for the Aftershave Division is as follows: Variable costs per ounce $ 6.00 Fixed costs per ounce $ 15.00 Monthly production capacity 30,000 ounces If the Aftershave Division is operating at full capacity and can sell all of the chemical that it can produce, what is the minimum transfer price that the Aftershave Division will accept? Multiple Choice None of the choices is correct. $6.00 per ounce $21.00 per ounce $15.00 per ounce $27.00 per ouncearrow_forwardEvaluate the criteria that Thabo should consider when choosing the most suitable financing option ?arrow_forward
- Identify possible sources of financing available to Thabo.discuss their pros and consarrow_forwardPlease provide the accurate answer to this financial accounting problem using appropriate methods.arrow_forwardI am searching for the accurate solution to this general accounting problem with the right approach.arrow_forward
- Can you help me solve this general accounting question using the correct accounting procedures?arrow_forwardWhat are the strategic approaches an entrepreneur can use to scale his businessarrow_forwardCan you help me solve this general accounting question using the correct accounting procedures?arrow_forward
- I need help solving this general accounting question with the proper methodology.arrow_forwardSuggest strategic entrepreneurship approaches Thabo could use to scale his businessarrow_forwardI need the correct answer to this general accounting problem using the standard accounting approach.arrow_forward
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