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2 years ago

Describe:

1 answer:

8 0

Entrepreneurship is the act of starting own business, this includes risk, most of the times financial loans are obtained from banks and secured against assets of the business.

<h3 /><h3>What is Small Business?</h3>

A small business is the business which is small in nature, mostly this includes sole traders, the capital is injected by the owner there is no or lower long term liabilities, fewer employees and lower revenue.

Small businesses should be encouraged as these businesses provide profits to individuals which will also contribute to the economy, and these small businesses will provide employment opportunities to young individuals. They fail because of high risk.

Learn more about Small Business at brainly.com/question/27367881

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Zhang Company reported Cost of goods sold of $835,000, beginning Inventory of $37,200 and ending Inventory of $46,300. The avera

Lilit [14]

Answer:

Average inventory= $41,750

Explanation:

Giving the following information:

Beginning Inventory= $37,200

Ending Inventory= $46,300

<u>To calculate the average inventory, we need to use the following formula:</u>

Average inventory= (beginning inventory + ending inventory) / 2

Average inventory= (37,200 + 46,300) / 2

Average inventory= $41,750

6 0

3 years ago

Suppose that the Federal Reserve purchases a bond for $100,000 from Reggie Rich, who deposits the proceeds in the Manufacturer’s

Nastasia [14]

Answer:

1. Money supply <u>increase</u><u> </u>by $100,000 because federal reserve purchase bond of $100,000 from Riggie Rich.

2. Increase in additional loans = Deposits - Reserve Required Ratio

Increase in additional loans = $100,000 - $100,000*25%

Increase in additional loans = $100,000 - $25,000

Increase in additional loans = $75,000

As a result of Rich' s deposits, Manufacturers Bank will able to extend $75,000 in additional loans.

3. Increase in Deposits = Change in Reserve x 1 / RRR

Increase in Deposits = $100,000 * 1/25%

Increase in Deposits = $100,000 * 1 / 0.25

Increase in Deposits = $4,000,000

As a result of this purchase by the fed, the maximum increase in the quantity of checkable deposits that could result through out the entire banking system is $4,000,000

3 0

3 years ago

You just deposited $4,000 in cash into a checking account at the local bank. Assume that banks lend out all excess reserves and

ycow [4]

Answer: $20,000

Explanation:

The reserve requirement is a central bank regulation which sets minimum amount of reserves which must be held by a commercial bank.

When reserve requirement = 20%

= 20/100

= 0.20

Total increase in the checkable deposit will be = $4,000 / 0.20= $20,000

5 0

3 years ago

katie has $20.She buys 3 packages of markers for 4 dollars how much is left write this in Numerical Expressions

-Dominant- [34]

Here is how to solve this:

$20 - $4= $16 = numerical expression.

Hope this helped!

3 0

3 years ago

Read 2 more answers

People who are unemployed because wages are, for some reason, set above the level that brings labor supply and demand into equil

denpristay [2]

Answer:

A. Structurally unemployed.

Explanation:

The natural rate of unemployment includes both unemployment created by job search and unemployment created by above equilibrium wages. When a union raises the wage above the equilibrium level it raises the quantity of labor supplied and reduces the quantity of labor demanded, resulting in unemployment. We know, structural unemployement are caused by mismatch between demand and supply of required skill or wages in the labor market, that´s why it is also called involuntary unemployment.

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3 years ago