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3 years ago

Why are most businesses considered small?

Business

1 answer:

mr Goodwill [35]3 years ago

4 0

Answer:

Employees of small businesses also must adapt to the higher failure rate of small firms, which means that they are more likely to lose their job due to the firm going under. ... Outside government, companies with less than $7 million in sales and fewer than five hundred employees are widely considered small businesses.

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You are given the following information. Durable good consumption 462 Residential investment 526 Imports 987 Government expendit

nevsk [136]

Answer: Trade surplus of $69

Explanation:

A trade deficit is when the imports into a country are greater than exports leaving the country and a trade surplus is the reverse.

Exports for this country are $1,056

Imports to this country are $987

Exports are greater than imports so there is no trade deficit. Instead there is a Trade surplus of:

= Exports - Imports

= 1,056 - 987

= $69

4 0

3 years ago

Hi I recently went to the er.I am 21 but on my fathers insurance which is Kaiser.I want to

Citrus2011 [14]

Bad new it will show what happened too you because your insurance wants to know what happened too you. your in trouble man.he will find out pretty soon

8 0

2 years ago

A manufacturing company leases a building for $100,000 per year for its production facilities. In addition the machinery used in

aksik [14]

Answer:

(E) $30,000

Explanation:

For computing the annual profit, the following formula is used.

Annual Profit = Total revenues - total cost

where,

Total revenue = Number of units × selling price per unit

= 10,000 units × $40

= $40,000

And, the total cost = lease cost + installment amount + variable cost

= $100,000 + $20,000 + ($10,000 units × $15 + $10,000 units × $10)

= $120,000 + $250,000

= $370,000

Now put these values to the above formula

So, the answer would be equal to

= $400,000 - $370,000

= $30,000

8 0

2 years ago

Suppose a recent college graduate's first job allows her to deposit $150 at the end of each month in a savings plan that earns 6

Radda [10]

Answer:

Final Value= $51,312.68

Explanation:

Giving the following information:

Monthly deposit= $150

Interest rate= 0.06/12= 0.005

Number of months= 9*12= 108

First, we need to calculate the future value of the first investment. We will use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit

FV= {150*[(1.005^108)-1]} / 0.005

FV= $21,410.99

The second part of the investment:

Number of years= 15

Annual interest rate= 6%

<u>I will assume that the interest rate is annually compounded now. </u>If this is not the case, just change the interest rate (0.005) and "n" (15*12=180)

We need to use the following formula:

FV= PV*(1+i)^n

FV=21,410.99* (1.06^15)

FV= $51,312.68

3 0

3 years ago

On January 1, 2020, Bonita Corporation purchased 20% of the common stock outstanding of Sandhill Corporation for $265000. During

trapecia [35]

Answer:

The balance of the Stock Investments—Sandhill account on the books of Bonita Corporation at December 31, 2020 is <u>$272,800 (= $265,000 - $8,600 + $16,400)</u>

Explanation:

the journal entries to record the transactions are:

January 1, 2020, Bonita Corporation purchases 20% of Sandhill Corporation

Dr Investment in Sandhill Corporation 265,000

Cr Cash 265,000

xx, 2020, Sandhill Corporation distributed $43,000 in cash dividends

Dr Cash 8,600

Cr Investment in Sandhill Corporation 8,600

yy, 2020, Sandhill Corporation reported net income $82,000

Dr Investment in Sandhill Corporation 16,400

Cr Revenue on investment in Sandhill Corporation 16,400

3 0

3 years ago