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sesenic [268]
3 years ago
15

What percent of all businesses in the United States are corporations, and they account for 80% of the total business dollars gen

erated?
Business
1 answer:
lesya [120]3 years ago
5 0

Twenty percent of all businesses in the United States are corporations and they account for 80% of the total business dollars generated.

Explanation:

Small businesses account for more than 99% of America's 28.7 million corporations. The vast majority (88%) of employers are under 20, and nearly 40% of all businesses have less than 100 000 dollars of income. 20% of SMEs are contractor firms and 80% are non-employer businesses.

In reaction to concerns from their economic confidence to obstacles to their ownership, more than 2000 existing and potential companies across the country have responded.

The business environment is always evolving in the United States. The changing business environment is driven by new technologies, developments, and policies.

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Ferkil Corporation manufacturers a single product that has a selling price of $20.00 per unit. Fixed expenses total $63,000 per
pshichka [43]

Answer:

Break-even point= 11,500 units

Explanation:

Giving the following information:

Selling price= $20.00 per unit.

Fixed expenses= $63,000 per year.

Break-even point= 9,000 units to break even.

Desired profit= $17,500

First, we need to calculate the unitary variable cost:

Break-even point= fixed costs/ contribution margin

9,000= 63,000 / (20 - unitary variable cost)

9,000*20 - 9,000x= 63,000

180,000 - 63,000= 9,000x

117,000/9,000=x

13= unitary variable cost

Now, we can calculate the number of units:

Break-even point= (fixed costs + desired profit) / contribution margin

Break-even point= (63,000 + 17,500) / (20 - 13)

Break-even point= 11,500 units

3 0
3 years ago
What counts as a disability under title ii of the ada
melomori [17]

Answer:

II-2.4000 Substantial limitation of a major life activity.

Explanation:

To constitute a "disability," a condition must substantially limit a major life activity. Major life activities include such activities as caring for one's self, performing manual tasks, walking, seeing, hearing, speaking, breathing, learning, and working.

6 0
3 years ago
Corristan Company purchased equipment and incurred these costs: Cash price $24,000 Sales taxes 1,200 Insurance during transit 20
galben [10]

Answer:

$25,400.

Explanation:

International Accounting Standard 16 states that any Property, Plant, and Equipment should be initially recognized at a cost that includes all the costs that are necessary to bring the asset to its working condition. Example of such costs include:

- Purchase Price.

- Delivery Charges.

- Sales Taxes Paid, if any.

- Deduct Discounts, if any.

- Installation Costs.

- Dismantling Cost.

- Any other Directly Attributable Costs.

The standard further states that any periodic cost should be written-off to Profit or Loss as incurred. Such costs include Maintenance Costs. These are the costs that are not necessary to bring the asset to its intended use.

So in this case, the cost that should be capitalized is $25,400 (24,000 + 1,200 + 200).

Note: The insurance costs of $400 has been capitalized because it was incurred for Transit Purposes and before the asset was prepared for use.

5 0
3 years ago
Poggers Poggers Poggers Poggers Poggers Poggers Poggers Poggers Poggers PoggersPoggers Poggers Poggers PoggPoggers ers Poggers P
Ivenika [448]

Answer:

ngl...

Explanation:

that's poggers

5 0
3 years ago
Read 2 more answers
L Inc. has provided the following data for the month of November. The balance in the Finished Goods inventory account at the beg
Softa [21]

Answer:

Adjusted cost of goods sold          234,900

Explanation:

<em>To calculate the the adjusted cost of goods sold , we need to first determine the over or under applied overhead.</em>

<em>Over applied overhead = absorbed overhead - actual over heads</em>

                                         =$59,200- $55,900

                                         = $3,300

<em>This will be deducted from the the cost of goods produced because it is the amount by the which actual production has been over stated.</em>

The adjusted cost of goods sold is determined as follows:

                                                             $

Opening inventory                           55,000

Cost of goods manufactured          213,000

Over applied overheads                  (3,300)

Less closing inventory                    <u> (30,300)</u>

Adjusted cost of goods sold        <u>  </u><u>234,900</u>

7 0
4 years ago
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