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nexus9112 [7]
1 year ago
8

The U.S. government agency that advises and assists small businesses by providing management training and financial advice and l

oans is called the: Multiple choice question. Small Business Investment Company Small Business Administration Government Business Development Center Government Entrepreneurship Assistance
Business
1 answer:
Paraphin [41]1 year ago
7 0

A U.S. government agency that works to assist small businesses is called the Small Business Administration(SBA).

<h3>What does the Small Business Administration do?</h3>

The Small Business Administration was established under the Eisenhower tenure in order to boost the nation's economy.

They work to help small businesses by offering them several types of support such as management training and loans.

Find out more on the Small Business Administration at brainly.com/question/13424073.

#SPJ1

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Kenny Electric Company's noncallable bonds were issued several years ago and now have 20 years to maturity. These bonds have a 9
murzikaleks [220]

Answer:

d. 5.08%

Explanation:

We have to first calculate the YTM of the bond, and then apply the tax shield.

To get the YTM we have to calculate the rate of return of an annuity of 46.25 for 20 years compounding semiannually at IRR rate and the present value of the face value redeem in 20 years.

C \times \frac{1-(1+r)^{-time} }{rate} +Face\:Value/(1+rate)^{time}= PV\\

46.25 \times \frac{1-(1+IRR/2)^{-20*2} }{rate} + 1000/(1+IRR)^{20}= 1075\\

IRR = 0.084656891 (it should be done using financial calculator or excel or a similar software program)

then we apply the shield tax to the IRR:

IRR x (1 - tax-rate) = Cost of debt

0.084656891 * ( 1 - 0.4) = 5.0794= 5.08

3 0
3 years ago
Clothing maker Patagonia states that its purpose as an organization is to "build the best product, cause no unnecessary harm, [a
jekas [21]

Answer:

The question is missing the options as given below:

A. mission statement

B. belief statement

C. goals pact

D. code of ethics

E. management pledge

The correct option is A,mission statement

Explanation:

The mission statement shows in summary form the vision,core values as well as statement of goals and objectives of an establishment.

Building the best product is the prioritized goal of Patagonia,since having the best product places it in the forefront in terms brand recognition,hence increased sales.

Core value here is ensuring no unnecessary harm is caused by  way of injuries sustained in the course of pursuing its objectives.This implies that Patagonia is responsible corporate citizen in the area of complying with  best practice in safety procedures.

The vision of the company is to implement solutions to environmental challenges through business inspiration.

7 0
2 years ago
In latvia, only one six-lane highway exists, connecting riga, its capital, with moscow. otherwise, the roads are two lanes and m
zloy xaker [14]

The answer is infrastructure.

A country’s infrastructure is the basic physical and organizational structures and facitlities that it needs to operate. Roads are a key part of any country’s infrastructure.

6 0
3 years ago
You own a bond that has a duration of 7 years. Interest rates are currently 8%, but you believe the Fed is about to increase int
qaws [65]
The answer could be D but if not then it has to be C
7 0
2 years ago
Knowledge Check 01 As of December 31, Marr, Inc., has accrued benefits to its employees for medical insurance (in the amount of
Ipatiy [6.2K]

Answer:

Journal Entry to record the employee benefit expense

Dr. Employee Benefits Expense                   $32,000

Cr. Employee Medical Insurance Payable   $12,000

Cr. Employee retirement program payable $20,000

Explanation:

Employee benefits expense is the sum of medical insurance and retirement program expenses. As these payments are accrued and not yet been paid, so these will be classified as liabilities.

Employee Medical Insurance expense = $12,000

Employee retirement expense = $200,000 x 10% = $20,000

Employee benefits expense = Employee Medical Insurance + Employee retirement program

Employee benefits expense = $20,000 + $12,000

Employee benefits expense = $32,000

4 0
2 years ago
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