When using the factor weighting approach, most companies will use the same list of criteria and the same criteria weights

Your firm has a beginning balance of $8,000 cash, $2,000 inventory, and $10,000 initial equity. Your firm is operating in an all-cash environment without taxes. You sold $1,000 of inventory for three times the amount you paid for it

If this is your only transaction, your resulting balance sheet should most closely resemble which of the following choices? A) Cash = $8,000, accounts receivable = $3,000, inventory = $1,000, initial equity = $10,000, and retained earnings = $2,000 B) Cash = $11,000, inventory = $1,000. initial equity = $10,000, and retained earnings = $2,000 C) Cash $11,000, inventory = $2,000, initial equity $10,000, and retained earnings $3,000 D) Cash $11,000, inventory = $2,000, and initial equity = $13,000

In a short essay, describe how an entrepreneur is like a jazz band leader

What will be an ideal response?