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max2010maxim [7]
10 months ago
13

According to the small business administration, over 50 percent of all small businesses are home based. true false

Business
1 answer:
Anastasy [175]10 months ago
4 0

According to the small business administration, over 50 percent of all small businesses are home based. FALSE

A domestic commercial enterprise is a small l business administration, people operate from their homes. We additionally name it a domestic-based enterprise. maximum domestic companies do not have many employees. employees in such agencies generally both make money working from home or for agencies that operate as subcontractors.

Small business administration, out of the house gives some the blessings, together with time financial savings, control over running hours and situations, independence, and versatility. starting a domestic-based commercial enterprise is also substantially inexpensive than beginning a commercial enterprise in rented facilities. Small businesses are either offerings or retail operations like grocery stores, clinical shops, tradespeople, bakeries, and small production units.

Learn more about small business administration here:-brainly.com/question/13424073

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An income statement for Sam's Bookstore for the first quarter of the year is presented below:
Paladinen [302]

Answer:

The contribution margin for Sam's Bookstore for the first quarter is $163,000.

Explanation:

The contribution margin is the sales minus total variable cost. This can be calculated as follows:

Units of books sold = Sales / Selling price per book = $900,000 / $60 = 15,000

Variable selling expenses = Units of books sold * Variable selling expenses per book = 15,000 * $5 = $75,000

Variable administrative expenses = Sales * 3% = $900,000 * 3% = $27,000

Total variable cost = Cost of goods sold + Variable selling expenses + Variable administrative expenses = $635,000 + $75,000 + $27,000 = $737,000

Contribution margin = Sales - Total variable cost = $900,000 - $737,000 = $163,000

Therefore, the contribution margin for Sam's Bookstore for the first quarter is $163,000.

5 0
3 years ago
A clear expression of a firm's Blank______ will detail why an organization exists, what problems it wishes to solve, and who it
grandymaker [24]

A clear expression of a firm's Organizational purpose will detail why an organization exists, what problems it wishes to solve, and who it wants to be to every person it touches through its work.

<h3>What is a firms organizational purpose?</h3>

This is a terminology that is used to refer to the objectives of the firm as well as the goals and what it hopes to achieve.

It helps to highlight the problems in the society that it wishes to solve and all of its goals.

Read more on Organizational purpose here

brainly.com/question/19334871

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4 0
1 year ago
Key numbers that financial managers use to calculate ratios usually come from the firm’s
3241004551 [841]
The answer that fits the blank above would be BALANCE SHEET AND INCOME STATEMENT. The balance sheet serves the copy of the liabilities and assets that a company or firm has recorded for a specific period of time. On the other hand, the income statement shows both the profit and loss that the company has. Therefore, it is based on these two that financial managers are able to calculate ratios.
8 0
3 years ago
A mother who purchases a new pair of shoes for her 4 year old child can be considered a consumer, but not a customer. true or fa
Sedaia [141]
The answer is false because a customer is a person that buys goods or services from a store of business.  
4 0
3 years ago
he following information relates to the manufacturing operations of the Abbra Publishing Company for the year: Beginning Ending
Serhud [2]

Answer:

Purchases= $1,091,000

Explanation:

Giving the following information:

Beginning Raw materials inventory = $549,000

Ending Raw materials inventory= $612,000

The raw materials used in production= $1,028,000.

<u>To calculate the raw material purchased, we need to use the following formula:</u>

Purchases= production + ending inventory - beginning inventory

Purchases= 1,028,000 + 612,000 - 549,000

Purchases= $1,091,000

4 0
3 years ago
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