Which of the following is not a type of bank?

List the advantages and disadvantages of a Small Business:

natulia [17]

Answer:

Kindly check explanation

Explanation:

Small businesses may be defined based on various criteria ranginging from the size of running capital, number of employees and even customer base. What is obvious is that most small business require very little capital, limited number of employees and small market size. Small businesses offers the following advantages :

Financial liberty which affords it's doers the ability to cater for themselves or buttress on their initial EARNING.

INCREASED RESPONSIBILITY : Business owners take absolute charge of business decisions thereby broadening their scope and offering more independence and greater control.

Another advantages of having a small business is the fact that efforts and commitment put into the sustenance and growth of the business will be duly reaped by the owner. Rather than having to work for someone else to earn a greater portion of the return.

However, it also has its disadvantages which ranges from :

Exposure to financial risk arising from business collapse such that one has to deal with the burden alone.

The effort put in to keep business aloft may become overwhelming due to lack of adequate employees which may result in health impairment.

4 0

3 years ago

Margaret, a 35-year-old client who earns $70,000 a year, pays 7.65% of her gross pay in Social Security payroll taxes, spends14%

madreJ [45]

Answer:

84.35%

Explanation:

The computation of Margaret’s wage replacement ratio using the top-down approach is shown below:

= 100 - Social Security payroll tax rate - saving rate

= 100 - 7.65% - 8%

= 84.35%

For determining Margaret’s wage replacement ratio, we subtract the Social Security payroll tax rate and the saving rate from the percentage value i.e 100 so that the accurate ratio can come.

5 0

3 years ago

Here is the income statement for Skysong, Inc. SKYSONG, INC. Income Statement For the Year Ended December 31, 2022 Sales revenue

jok3333 [9.3K]

Missing information:

(a) Earnings per share s (b) Price-earnings ratio (c) Payout ratio times (d) Times interest earned times

Answer:

a) Earnings per share = $2.64

(b) Price-earnings ratio = 5.3

(c) Payout ratio times (you can calculate 3 payout ratios, the third type which is cash dividend payout ratio cannot be calculated because there is not enough information):

total payout ratio = 26.44%
common stockholders' payout ratio = 22.03%

(d) Times interest earned times = 7.77

Explanation:

earnings per share (EPS) = (net income - preferred stock dividends) / average outstanding common shares

net income = $86,600
preferred dividends = $4,900
average outstanding common stocks = (24,700 + 37,100) / 2 = 30,900

EPS = ($86,600 - $4,900) / 30,900 = $2.64

price earnings ratio = market price per share / earnings per share = $14 / $2.64 = 5.3

2 ways to calculate payout ratio times:

total dividends / net Income = $22,900 / $86,600 = 26.44%
or common stockholders payout ratio = ($22,900 - $4,900) / ($86,600 - $4,900) = $18,000 / $81,700 = 22.03%

times interest earned = EBIT / interest expense

EBIT = net income + interest expense + income taxes = $86,600 + $16,700 + $26,400 = $129,700

times interest earned = $129,700 / $16,700 = 7.77

7 0

4 years ago

What did arthur st. clair try to do through a series of treaties with native americans?

DaniilM [7]

George Washington sent General Arthur St. Clair to stop the fighting and restore order, but he and his forces were defeated by Miami Chief Little Turtle. I hope my answer has come to your help. God bless and have a nice day ahead! Feel free to ask more questions.

7 0

4 years ago

Amanda doesn't know how the CSR initiative should be<br> communicated. What do you advise?

Maru [420]

<u>Explanation:</u>

CSR initiative has to be communicated to the employees. As the cafe has permanent workers and part timers. Communication gap may arise as part timers work only a few hours a week they might not be informed which decreases their opportunity of joining the other team members in CSR activity.

Communication can be through word of mouth which spreads over a time and people show interest. Posters can be done with employees performing their volunteer activities that is a better way of communication. Posters can be pasted in cafe walls so the customers will know.

One of the fastest mode of sharing communication is social media. The CSR activities done so far by the firm can be posted in social media and it reaches a wider group of audience.

5 0

4 years ago