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mel-nik [20]
1 year ago
5

why do small-business owners want to determine whether their companies meet the standards for small-business designation? becaus

e .
Business
1 answer:
FrozenT [24]1 year ago
7 0

The small-business owners want to determine whether their companies meet the standards for small-business designation because the government agencies offer benefits designed to help small businesses compete with larger firms.

<h3>Why small business is important?</h3>

A privately held corporation, partnership, or sole proprietorship that employs fewer people and has a lower yearly income than a corporation or regular-sized business is referred to as a small business. Hence by keeping the money close to home and assisting local communities and neighborhoods, they boost local economies.

Small enterprises ensure that local communities pay more in taxes and that the money stays in the community by raising the level of taxation. Additionally, it lowers poverty levels as more people start their own businesses and more people get jobs. 

To learn more about small-business, visit:

brainly.com/question/28289155

#SPJ4

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A.

Explanation:

Since not everyone in a given community would be inclined to pay for a public good, everyone could be made to pay for it through tax.

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3 years ago
The hyattsville country club requires that an applicant's grandfather be a member of the club in order to qualify for membership
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3 years ago
Dolce Co. estimates its sales at 180,000 units in the first quarter and that sales will increase by 18,000 units each quarter ov
Nataly_w [17]

Answer:

The answer is b) $5,319,000.

Explanation:

We have cash collection in third quarter will include:

+ 40% of sales in third quarter which is made in cash;

+ 70% of the remaining 60% of credit sales in third quarter which is collected within the quarter;

+ The remaining 30% of 60% credit sales in second quarter which is collected in third quarter.

We also have:

Sales in second quarter (units) = 180,000 + 18,000 = 198,000 units => Sales revenue = 198,000 x 25 = $4,950,000 => Cash collection in third quarter = 30% x (60%x 4,950,000) = $891,000;

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=> Total cash collection in third quarter = 891,000 + 4,428,000 = $5,319,000  

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2 years ago
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