ur division is considering two investment projects, each of which requires an up-front expenditure of $17 million. You estimate that the investments I produce the following net cash flows: a. What are the two projects' net present values, assuming the cost of capital is 5% ? Do not round intermediate calculations. Round your answer to the nearest dollar. Project A:$ Project B:$ What are the two projects' net present values, assuming the cost of capital is 10% ? Do not round intermediate calculations. Round your answers to the nearest dollar. Project A: $ Project B:$ What are (ase two projects' net present values, assuming the cost of capital is 15\%? Do not round intermediate calculations. Round your answers to the nearest dollar. Project A:\$ Project B: $ b. What are the two projects' IRRs at these same costs of capital? Do not round intermediate calculations. Round your answers to two decimal places. Project A; Project

Answers

Answer 1

Project B is better because its IRR exceeds the cost of capital at all three levels.

a. The net present value (NPV) of two projects under different costs of capital is tabulated below:

Cost of capital 5% 10% 15%

Project A $6,849,942 $2,326,000 -1,882,154

Project B $11,484,274 $5,832,000 $956,334

The NPV of Project A is positive at a cost of capital of 5%, while it is negative at 15%.

Project B is the better investment because its NPV is positive for all three costs of capital. Hence, Project B is always preferred to Project A.

b. The internal rate of return (IRR) for each project for different costs of capital is tabulated below:

Cost of capital 5% 10% 15%

Project A 8.67% 8.40% 8.13%

Project B 15.67% 14.84% 14.09%

The IRR of each project is greater than the cost of capital for all three costs of capital for Project B.

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Related Questions

the central idea of business process management suggests that

Answers

Business process design's main tenet is that groups should develop new or different business processes rather than enhancing currently functional systems.

What types of organizations are there?

A wide range of legal entities exist, including companies, governments, non-governmental organizations, progressive groups, international bodies, armed forces, charities, for-profit businesses, partnerships, cooperatives, and academic facilities, among others.

What three types of organizations are there?

The organizational structures used by the majority of businesses today can be categorized into three types: functional, departmental, and matrix. Before choosing which of these forms to use for their business, owners must weigh the benefits and drawbacks of each.

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Which soft drink was specifically created by the coca-cola company to compete against dr pepper?.

Answers

Answer:

Coca-Cola is the official soft drink of many collegiate football teams throughout the nation, partly due to Coca-Cola providing those schools with upgraded athletic facilities in exchange for Coca-Cola's sponsorship. This is especially prevalent at the high school level, which is more dependent on such contracts due to tighter budgets.

Explanation:

For each scenario, calculate the cross-price elasticity between the two goods and identify how the goods are related. Please use the midpoint method when applicable, and specify answers to one decimal place. A 20% price increase for Product A causes a 10% decrease in its quantity demanded, but no change in the quantity demanded for Product B.

Answers

Answer:

No relation

Explanation:

The computation of the cross elasticity of demand is shown below:

= Percentage change in quantity demanded ÷ Percentage change in price

here the price is increased by 20% for product A

But there is no change in the quantity demanded for product B

So, the cross elasticity of demand is

= 0 ÷ 20%

= 0

Therefore there is no relation between two products or goods

The state of California issued a 10 year bond with a coupon rate of 5.20%. Professor is in the 30% tax bracket.
What is the taxable equivalent of the 5.2% for the Professor?
Group of answer choices
17.33%
7.43%
3.64%
4.5

Answers

To calculate the taxable equivalent yield for the Professor, we need to consider the tax bracket and the coupon rate of the bond.

Given that the coupon rate is 5.20% and the Professor is in the 30% tax bracket, we can substitute these values into the formula: Taxable Equivalent Yield = 5.20% / (1 - 0.30) = 5.20% / 0.70 = 7.43% Therefore, the taxable equivalent yield of the 5.20% bond for the Professor is 7.43%. When investors earn interest from certain bonds issued by state or local governments, the interest income is often exempt from federal income tax.

This is the case with the state of California's bond in this scenario. The coupon rate of 5.20% represents the annual interest payment the bondholder receives based on the bond's face value. However, the Professor's tax bracket is 30%, meaning that a portion of their income is subject to federal income tax.

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A full-time job usually means you will work how many hours per week?
A 20
B. 35
C. 40
D. 55

Answers

A full time job usually means you will work forty hours a week.

Answer:

c

Explanation:

Karan has just been offered the position of a store manager. He has observed that his store has been facing a problem of shrinkage in the past months. How can Karan take responsibility for controlling shrinkage?
A.
ensuring the availability of sufficient merchandise at the store
B.
ensuring available stock via a computerized inventory tally
C.
evaluating the average sales per month
D.
informing the head office about store operations
E.
evaluating the performance of staff at the store

Answers

Answer: c

As store shrinkage is the loss of inventory that can be attributed to factors such as employee theft, shoplifting, administrative error, vendor fraud, damage, and cashier error, Karan would have to make sure there is enough products and keep track of the sales/stocks. Thus, I believe that it would be c, so Karan can keep track of the monthly sales. Feel free to let me know if I'm wrong!

Answer:

C.

Explanation:

Evaluating the average sales per month

Gross domestic product (GDP) may be calculated as the sum of ______. Multiple choice question. exports and imports only consumer spending, investment spending, government transfer payments, and exports minus imports consumer spending, investment spending, government purchases of goods and services, and exports consumer spending, investment spending, government purchases of goods and services, and net exports

Answers

Answer:

consumer spending, investment spending, government purchases of goods and services, and net exports.

Explanation:

The Gross Domestic Products (GDP) is a measure of the total market value of all finished goods and services made within a country during a specific period.

Simply stated, GDP is a measure of the total income of all individuals in an economy and the total expenses incurred on the economy's output of goods and services in a particular country.

Gross domestic product (GDP) may be calculated as the sum of consumer spending, investment spending, government purchases of goods and services, and net exports (exports minus imports).

Basically, the four (4) major expenditure categories of GDP are consumption (C), investment (I), government purchases (G), and net exports (N).

What is one of the key goals of unions?

A: to encourage more workers to form unions

B: to ensure that employers heed environmental laws

C: to get wage increases for their members

D: to engage in featherbedding

Answers

Answer:

l think to encourage more workers to form unions

Explanation:

please follow me

Answer: C

Explanation:

the first of a series of neutrophil behaviors in inflammation is __________.

Answers

Answer:

Migration.

Explanation:

Neutrophils are the most abundant type of white blood cell in the body, and they play a key role in the inflammatory response. In the early stages of inflammation, neutrophils migrate to the site of injury or infection to help combat the pathogen and initiate tissue healing.

5. calculating tax incidence suppose that the local government of raleigh decides to institute a tax on soda consumers. before the tax, 35 billion liters of soda were sold every year at a price of $10 per liter. after the tax, 30 billion liters of soda are sold every year; consumers pay $15 per liter (including the tax), and producers receive $7 per liter. the amount of the tax on a liter of soda is $ per liter. of this amount, the burden that falls on consumers is $ per liter, and the burden that falls on producers is $ per liter. true or false: the effect of the tax on the quantity sold would have been the same as if the tax had been levied on producers. true false

Answers

The given assertion " The effect of the tax on the quantity sold would have been larger if the tax had been levied on producers." is False. because the effect of fiscal and tax policies on the financial design is regularly evaluated utilizing the taxation rate.

The proportion of duties gathered in a given period to the complete item. the effect of the tax on the quantity sold could not have possibly been bigger if the expense had been exacted on makers.

The weight of the assessment and the subsequent change in amount would be equivalent whether or not the duty is imposed on makers or customers, accepting that the market is serious and there could be no different twists.


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The production function gets flatter, while the total cost curve gets steeper due to the fact that Group of answer choices at lower levels of production firms require more inputs to increase production by the same amount as compared to higher levels of production. at higher levels of production firms require more inputs to increase production by the same amount as compared to lower levels of production. at higher levels of production firms require less inputs to increase production by the same amount as compared to lower levels of production.

Answers

The production function gets flatter, while the total cost curve gets steeper due to the fact that C. at higher levels of production firms require less inputs to increase production by the same amount as compared to lower levels of production.

The production function shows the relationship that exists between the inputs and the outputs during the production of a product.

It should be noted that diminishing marginal product is vital for explaining why the increase in the output of a firm results in the production function getting flatter. Also, the total curve becomes steeper.

Therefore, at higher levels of production, firms require fewer inputs to increase production by the same amount.

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The race to the bottom scenario of global environmental degradation is explained roughly like this:
A. Profit-seeking multinational companies shift their production from countries with strong environmental standards to countries with weak standards, thus reducing their costs and increasing their profits.
B. Companies seek to reduce their costs of operation on plant and equipment design and this results in higher levels of pollution.
C. Companies seek the lowest market prices on products in order to gain market share, resulting in inferior goods and increased waste and pollution.
D. Companies seek to influence environmental legislation standards to the lowest possible standards in the U.S. in order to maximize profits.
Reset Selection

It is sometimes argued that a nation should not depend too heavily on other countries for supplies of certain key products. This argument is commonly known as the:
A. buy-American argument.
B. anti-dumping argument.
C. national interest argument.
D. self-sufficiency argument.

Answers

Answer:

A. Profit-seeking multinational companies shift their production from countries with strong environmental standards to countries with weak standards, thus reducing their costs and increasing their profits.

D. self-sufficiency argument.

Explanation:

In the case when there is a race to the bottom scenario so it would be described that the multinational companies that are profit seeking is shifting their production from that countries who have the strong environmental standards to the weak standard countries so that the order would be decreased due to this the profit would increase

In the other case, when the nation is not too much depend on other countries for supplies so this case we called as self-sufficiency argument as they managed themselves rather depending on another

A ________ state is one with unstable leadership, whose policies are driven by ideology rather than by economic or human costs and benefits.

Answers

A rogue state is one that has unstable leadership and the policies are driven by ideologies instead of economic costs or benefits.

What is a state?

A state is a territory that belongs to one country. It is having its own government which runs that particular state or province.

A rogue state is a kind of state which is responsible for shattering and disrupting global laws and is also considered a danger to other countries or nations in the whole world. North Korea, Libya, Iran, Iraq, and Cuba are labeled as rogue states. These states are not driven by an economy and are actually driven by the ideologies developed by their presidents.

Therefore, the state is driven by ideologies instead of an economy that is considered to be a rogue state.

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the phrase "the dollar was mixed in trading" means that:______.

Answers

Answer:

the dollar strengthened against some currencies and weakened against others.

______ is a nonprofit organization that recruits and selects college graduates from universities to serve as teachers in low-income conditions.

Answers

The blank space in the task statement should be filled with; Teach for America.

Teach for America initiative

As the name implies, Teach For America is a nonprofit organization whose stated objective is to "enlist, develop, and mobilize as many as possible of our nation's most promising future leaders to grow and strengthen the movement for educational equity and excellence".

On this note, the nonprofit organization in discuss is; Teach for America.

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Liz is the lead editor for a small city newspaper. One of her advertising sales representatives is pulling in a lot of restaurant clients. Liz realizes that the representative is quite knowledgeable about food and speaks quite elegantly when describing different dishes. She has begun discussing with the representative the possibility of collaborating with a writer to include a weekly restaurant review that includes the representative on the byline. After the first couple of reviews, the representative is able to increase ad sizes and sales. He is very happy with his new job diversification. Which aspect of creating a positive organizational culture is Liz utilizing?

Answers

Answer: emphasizing individual vitality and growth

Explanation:

The options to the question are:

A) rewarding more than punishing

B) building on organization strengths

C) emphasizing individual vitality and growth

D) creating loose management oversight

E) using narrow spans of control

From the question, we are informed that Liz is the lead editor for a small city newspaper and that one of her advertising sales representatives is pulling in a lot of restaurant clients.

We are further told that she has begun discussing with the representative the possibility of collaborating with a writer to include a weekly restaurant review that includes the representative on the byline and that after the first couple of reviews, the representative is able to increase ad sizes and sales and that he is very happy with his new job diversification.

The aspect of creating a positive organizational culture that Liz is utilizing is emphasizing individual vitality and growth.

Brittany Lambert i a volunteer for the Brevard County Swim Club in Melbourne, Florida, and ha offered to compile data on the wim club employee and team. She need your help completing the workbook and analyzing the data. Switch to the All Employee workheet. In cell E3, enter a formula uing the HLOOKUP function a follow to determine an employee' potential pay rate, which i baed on their year of experience:

Answers

Copy the formula down column E to get the pay rate for each employee =HLOOKUP(D3,Experience_Rates,2,FALSE)

=HLOOKUP(D3,Experience_Rates,2,FALSE)

You can use VLOOKUP to perform a vertical data range search.

The HLOOKUP function searches through data that has been structured in rows rather than columns.

For business analytics in Excel, LOOKUP and similar functions are frequently used to slice and dice data for analysis.

The HLOOKUP function looks up a value in the first row of a given range and replaces it with a value from the same column in the specified row.

Using the syntax =HLOOKUP(lookup value, table array, row index number, [range lookup]),

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Expenses that need to be paid before a new business can open are called _____.


operating expenses

ending inventory

start-up costs

beginning inventory

Answers

Answer:

start-up costs

Explanation:

Hopefully that helps.

Answer:

Start Up Costs

Explanation:

Im taking a business major this is the right answer

Calculate approximately how much money an older (age 65−74 ) household with an annual income of $54,000 spends on health care each year. Use Money spent on health care Exhibit 14-3 How Average Older (65-74 and 75+) Households Spend Their Money Retired families spend a greater share of their income on food, housing, and medical care than nonretired families.

Answers

Based on this approximation, an older household with an annual income of $54,000 may spend approximately $8,100 on health care each year.

To estimate the amount of money an older household (age 65-74) with an annual income of $54,000 spends on health care each year, we can use the information provided in Exhibit 14-3, which states that retired families spend a greater share of their income on food, housing, and medical care than nonretired families.

While the specific breakdown for health care expenses is not given, we can make an approximation based on the fact that retired households allocate a significant portion of their income to medical care.

On average, health care expenses for older households can range from 10% to 20% or more of their income. Considering this, we can estimate that an older household with an annual income of $54,000 might spend approximately 15% of their income on health care.

15% of $54,000 = 0.15 × $54,000 = $8,100

Therefore, based on this approximation, an older household with an annual income of $54,000 may spend approximately $8,100 on health care each year.

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Lymen International is considering a significant expansion to its product line. The sales force is excited about the opportunities that the new products will bring. The new products are a significant step up in quality above the company’s current offerings, but offer a complementary fit to its existing product line. Fred Riddick, senior production department manager, is very excited about the high-tech new equipment that will have to be acquired to produce the new products. Barbara Dyson, the company’s CFO, has provided the following projections based on results with and without the new products.

Without New Products

With New Products

Sales revenue $12,149,200 $16,618,200
Net income $488,900 $885,800
Average total assets $5,282,800 $13,930,400
(a) Compute the company’s return on assets, profit margin, and asset turnover, both with and without the new product line. (Round answers to 0 decimal places, e.g. 2% and asset turnover to 1 decimal place, e.g. 6.2)
Without new products

With new products

Return on assets
International sidering offerings, xut offer compl step up with New Products Sales 2,145.20 Average tel Without new products with now products ej abou: red Riddick, bring. Th producti depart

%


%
Profit margin


%


%
Asset turnover


Answers

Answer:

I don't know sorryyyyyjdkd

The computation of the Lymen International Company's return on assets, profit margin, and assets turnover, both with and without the new product line, is as follows:

a) Return on assets = Net Income/Average total assets

                                 Without New Products       With New Products

Net income                          $488,900                        $885,800

Average total assets       $5,282,800                    $13,930,400

=                                              9%                                      6%

b) Profit margin = Net Income/ Sales revenue

                                 Without New Products       With New Products

Sales revenue                  $12,149,200                     $16,618,200

Net income                          $488,900                        $885,800

=                                               4%                                   5%

c) Asset Turnover = Net Sales / Average Total Assets

                                 Without New Products       With New Products

Sales revenue                  $12,149,200                     $16,618,200

Average total assets        $5,282,800                    $13,930,400

=                                          2.3 x                                     1.2 x

How useful are accounting ratios?

The accounting ratios above help investors understand the efficiency, profitability, and effectiveness that companies achieve when compared with previous years or with competitors.

For instance, the assets turnover ratio helps investors understand Lymen International Company's effectiveness in using its assets to generate sales.

Data and Calculations:

                                 Without New Products       With New Products

Sales revenue                  $12,149,200                     $16,618,200

Net income                          $488,900                        $885,800

Average total assets       $5,282,800                    $13,930,400

Total assets =                 $10,565,600                   $2,786,0800

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For the current tax year, Cuddle Corporation's $500,000 of taxable income is all considered to be personal holding company income. The corporation did not pay dividends. Which of the following statements is true?
Multiple Choice
The corporation will owe a personal holding company tax of $105,000.
The corporation will owe a regular tax of $100,000.
The corporation's total tax liability will be $210,000.
The corporation's total tax liability will be $200,000

Answers

The correct statement is: The corporation will owe a personal holding company tax of $105,000. Thus, option A is the correct option.

When a corporation's taxable income is all considered to be personal holding company income and no dividends are paid, it is subject to the personal holding company tax. The personal holding company tax rate is 20% of the personal holding company income.

In this case, Cuddle Corporation has $500,000 of taxable income, which is all classified as personal holding company income. Therefore, the corporation's personal holding company tax liability can be calculated as:

$500,000 * 20% = $100,000

So, the corporation will owe a personal holding company tax of $100,000.

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When a top-level executive wants to influence a large number of employees, her or she will most likely:a. use ingratiation with as many workers as feasible.b. create the position of organizational change agent.c. attempt to change the organization culture.

Answers

When a top-level executive wants to influence a large number of employees, they are most likely to attempt to change the organizational culture. Therefore, the correct option is C.

This is because organizational culture influences the attitudes, behaviors, and values of employees, and thus, changing it can have a significant impact on the organization as a whole. Changing the organization culture allows the executive to have a wider and more profound impact on employees' attitudes, values, and behaviors.

This, in turn, can lead to improved performance, higher motivation, and increased employee satisfaction. By addressing the culture, the executive can shape the way employees perceive the company, their roles, and their relationship with the organization, leading to a stronger, more cohesive workforce.

Creating the position of organizational change agent may be helpful, but it may not be enough to reach a large number of employees, and using ingratiation may not be an effective strategy to bring about lasting change. Therefore, changing the organizational culture is likely to be the most effective way for a top-level executive to influence a large number of employees which corresponds to option C.

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what kind of cloth is used in wiping spilled oils during cleaning?​

Answers

Answer:

You can use a damp cloth or a dry cloth

Answer:

The answer is Oiled cloth or Dry cloth

Explanation:

Absorbent materials/clothes like Cotton balls, Dish detergent, Paper towels, Plastic wrap, Sponge pieces, Styrofoam, or Shredded paper.

Hope this helps!! ;)

how to figure out if a comapny is a monopoly an oligopoly monopolistically competitve or perfectly competitive

Answers

In a monopolistic market, there is only one company that has complete market dominance and sets the prices and levels of supply for goods and services whereas a perfectly competitive market is made up of numerous firms.

Companies are price makers in a monopolistic market because they set the prices for goods and services. Prices for goods and services are typically high in this type of market because businesses enjoy complete market dominance.

Buyers are aware of the nature of the goods being offered and the prices each firm charges, and the industry is characterized by freedom of entry and departure. In a completely competitive market, all firms sell the same product and are price takers.

The market is dominated by a small number of large suppliers in an oligopoly. Other less significant suppliers with a minor fraction of the oligopoly market share are possible. Oligopoly may stock, produce, or differentiate identical or similar goods.

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What is a step acquisition? Identify and discuss at least one potential weakness of current GAAP treatment for step acquisitions. Choose a classmate's post offer them positive reinforcement. Spread the wealth-there should be no more than two replies to any given post.

Answers

A step acquisition refers to a situation where an entity already holds a certain percentage of ownership in another entity and then acquires additional ownership interest in stages or steps.

Under current Generally Accepted Accounting Principles (GAAP) treatment for step acquisitions, the acquiring entity recognizes its initial investment in the acquiree at cost, including any goodwill arising from the acquisition. As the acquiring entity acquires additional ownership interest, it adjusts its investment account and recognizes any change in fair value as a gain or loss in the income statement.

One potential weakness of current GAAP treatment for step acquisitions is that it can lead to inconsistent reporting of financial results. Because the acquiring entity recognizes changes in fair value as gains or losses, the reported financial performance may be volatile and fluctuate significantly based on changes in fair value.

In conclusion, the current GAAP treatment for step acquisitions has certain weaknesses, including inconsistent reporting of financial results and a potential mismatch with the economic substance of the transaction.

Positive reinforcement for a classmate's post:

Great explanation of step acquisitions and the weaknesses of current GAAP treatment for such transactions. You provided a clear and concise overview of the topic, highlighting the potential issues with inconsistent reporting and the mismatch with economic substance. Your analysis was well thought out and insightful.

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True or false: HRM is just as important to a company as the company's finance, marketing, and accounting departments.

Answers

**True.** HRM (Human Resource Management) is just as important to a company as its finance, marketing, and accounting departments.

While each department plays a crucial role in the overall functioning of a company, HRM is equally significant in ensuring the success and effectiveness of the organization. HRM is responsible for managing the company's human capital, including recruitment, selection, training, performance management, employee engagement, and employee relations.

Effective HRM practices contribute to various aspects of a company's success. For instance, HRM plays a vital role in attracting and retaining top talent, which is crucial for driving innovation, productivity, and competitiveness. HRM also ensures compliance with labor laws and regulations, promotes a positive work culture, fosters employee development, and manages conflicts or issues within the workforce.

Additionally, HRM plays a critical role in aligning the company's human resources with its strategic goals, facilitating organizational change, and promoting diversity and inclusion. Without effective HRM, companies may struggle to attract and retain talented employees, experience low employee morale, face legal and compliance risks, and hinder overall organizational performance.

Therefore, recognizing the importance of HRM as being on par with finance, marketing, and accounting departments is essential for organizations to thrive in a competitive business environment.

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The Big Hotel Brand has instituted a coaching program. What are the likely results?


The expenses for coaching will be higher than that of other types of training, but it is worth it.

Managers will find coaching too time consuming in the long run.

Productivity will be diminished because employees work less.

The hotel will develop a deep bench of talent.

Answers

Answer:

The expenses for coaching will be higher than that of other types of training, but it is worth it.The hotel will develop a deep bench of talent.

Explanation:

The essence of coaching is to develop and support individuals to maximize their potential. In coaching, an more competent and experienced person, the coach, offers instructions and guidance that helps the learner unlock their abilities.  

Coaching empowers individuals by developing their soft and interpersonal skills. It prepares them for bigger responsibilities in an organization. Coaching is costly in terms of budgets and the time-off that employees and managers require for the activities. However, the benefits of more competent and efficient employees outweigh the costs.  Coaching ensures a company has a readily available pool of talents to take up higher positions or fill any vacancies should they emerge.

Ami cut 6 and three-fourths inches off a long roll of paper. If the roll is now 36 and one-third inches long, how long was the original roll of paper? Write an equation and solve it to find the answer. 29 and StartFraction 7 Over 12 EndFraction inches 30 and StartFraction 7 Over 12 EndFraction inches 42 and StartFraction 1 Over 12 EndFraction inches 43 and StartFraction 1 Over 12 EndFraction inches

Answers

Answer: 43 1/12 inches

Explanation:

Since Amy Ami cut 6 3/4 inches off a long roll of paper and the roll is now 36 1/3, the length of the original roll of paper will be:

= 6 3/4 + 36 1/3

Note that the LCM of 4 and 3 is 12.

= 6 3/4 + 36 1/3

= 6 9/12 + 36 4/12

= 42 13/12

= 43 1/12 inches

What is profit in an economic system?
A. Profit is the investment a producer makes in the economy to achieve financial gain.
B. Profit is the net change in the value of the economy due to an exchange.
C. Profit is the financial gain resulting from an exchange.
D. Profit is the investment a consumer makes in the economy to achieve financial gain.

Answers

Answer:

I think D is correct answer

The profit in the economic system is the investment made by the consumer for accomplishing the financial gain.

The information related to the profit is as follows:

It is the surplus that comes after deducting the cost from the revenue made. It is the investment that should be made by the consumer for attaining financial gain.

Therefore all the other options are incorrect.

Thus we can conclude that profit in the economic system is the investment made by the consumer for accomplishing the financial gain.

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multiple choice-- economics

Entrepreneurs do all of the following EXCEPT ...

Come up with new ideas about what, how, when, and where to produce

Own all the other resources

Organize labor, land, and capital

Bear risk from business decisions

Answers

Own all the other resources

Entrepreneurs do all of the following except own all the other resources. Thus, the correct answer is option B.

Who are Entrepreneurs ?

An entrepreneur is someone who has an idea and tries to develop a good product or service that others will purchase, together with a business to help them in their endeavour. An entrepreneur is seen as a visionary or an innovator since they take on the majority of the risk and responsibility for their new company.

An individual who starts a new firm, taking on the majority of the risks and reaping the majority of the gains, is known as an entrepreneur. The entrepreneur is frequently viewed as an innovator, a source of fresh concepts for products, services, businesses, and operational methods. An entrepreneur plans for labour, capital, and resources.

Therefore, Own all the other resources is not a role of an entrepreneur.

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