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enyata [817]
1 year ago
9

The u.s. small business association defines a small business as having ____ employees and selling ______ worth of products or se

rvices annually.
Business
1 answer:
Mnenie [13.5K]1 year ago
3 0

The U.S. Small commercial enterprise management (SBA) allows Americans to begin, construct, and develop organizations.

In step with the SBA, a small enterprise must be a for-profit company, independently owned and operated, now not nationally dominant within its enterprise and positioned in the U.S. A small business ought to additionally fulfill enterprise length standards primarily based on its range of employees or common annual receipts.

The SBA Microloan application offers loans of up to $50,000, with an average amount of just below $15,000. SBA microloans may be used for the purchase of furnishings, furniture, supplies, substances, equipment, and/or for operating capital.

The U.S. Small enterprise administration allows small businesses to get investment by placing suggestions for loans and decreasing lender hazards. those SBA-sponsored loans make it easier for small companies to get the funding they want.

Learn more about SBA here: brainly.com/question/20796146

#SPJ4

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3 years ago
Sidney took a $150 cash advance by using checks linked to her credit card account. The bank charges a 2 percent cash advance fee
strojnjashka [21]

Answer:

A.) 3%; B.) 2% ; C) $155; D) $150

9) $78 ; $1278

10) a) $5940; b) $19440; c) $279; D) 21.64%

Explanation:

Amount = $150

Cash advance rate = 2% = 0.02

A.) cash advance fee = $150 × 0.02 = $3

B.) Interest for one month at APR of 18%

Interest = principal × time × rate

$150 × (1÷12) × 0.16 = $2.00

C.) Total amount paid

$(150 + 3 + 2) = $155

D.) $150

9.)

Interest = principal × rate × time

t = 6 months = (6/12)

Rate (r) = 0.13

Principal = $1200

Interest = $1200 × 0.13 × 0.5 = $78

Total amount = down payment + principal borrowed + interest

Total amount = 0 + $1200 + $78 = $1,278

10.)

Price = $13,500

Down payment = $2700

Loan required = $10,800

Add-on rate = 11% = 0.11

Period = 5 years

A.) Interest = $10,800 × 0.11 × 5 = $5,940

B.) Total cost = Down payment + Principal borrowed + interest paid

$2700 + $10,800 + $5940 = $19,440

C.) Monthly Payment = (Principal Borrowed + Total interest) / Total number of payments

Monthly Payment = ($10800+ $5940) / (12×5)

Monthly payment = $16740 ÷ 60 =$279

D.) Annual percentage rate (APR)

APR= (2 × n × I) / [P × (N + 1)]

APR = (2 × 12 × 5940) / [10800 × (60+1)]

APR = 142560 ÷ 658800

APR = 0.21639

APR = 21.64%

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2 years ago
Healthy Snacks has a target capital structure of 60 percent common stock, 3 percent preferred stock, and 37 percent debt. Its co
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Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

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3 years ago
15. If, in the economy described, government spending increases by $200 million, what will be the associated change in equilibri
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Answer:

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If you wish to have $60,000 in 8 years, how much do you need to deposit in the bank today if the account pays an interest rate o
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Answer:

PV= $30,111.98

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Giving the following information:

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PV= FV/(1+i)^n

PV= 60,000 / 1.09^8

PV= 30,111.98

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3 years ago
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