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Aleks [24]
3 years ago
10

Ninety percent of businesses in the United States are family-owned and managed and account for 62 percent of total U.S. employme

nt.
Business
2 answers:
Alexxx [7]3 years ago
6 0

Answer:

It is true

Explanation:

GuDViN [60]3 years ago
3 0

Answer:

True

Explanation:

Large corporations are like the celebrities of the business world, they appear to be glamorous and powerful, but they only represent a small percentage of total businesses.

Small family businesses are by far the largest employer in the country. Small businesses account for 62% of total employment and the public sector accounts for approximately 17%, so corporations (both large and small) only account for 21%. Proportionally corporations due employ more people (8% of businesses generate 21% of jobs) because they are simply much larger. Almost 97% of small businesses employ less than 20 people (89% of total number of businesses).

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Do left-handed or right-handed people make more money? one study1 recorded the hourly earnings for a random sample of american m
wolverine [178]
Right handed people make more money. Because most working instrument are only made for right handed hence why they make more money than left-handed people.
4 0
3 years ago
The basketball season is about to start, and the owners of the Red Lions team want to advertise that fact in their home metropol
enot [183]

Answer:

$96.47

Explanation:

The Cost per thousand (CPM)  refers to the cost of a media used in reaching 1,000 members of an audience. The M in CPM is the Roman numeral for 1,000.

The formula for cost per thousand (CPM) is:

CPM = (Cost of 1 Unit of a Media Program) ÷ (Size of Media Program's Audience) x 1,000

Cost of 1 Unit of a Media Program (Cost of the ad) = $82,000

Size of Media Program's Audience(Readership of Metro News)= 850,000

Therefore:

CPM = (82000 ÷ 850000) X 1000

        =$96.47

6 0
3 years ago
Freeman​ Motors, a motorcycle​ manufacturer, had the following contingencies. Determine the appropriate accounting treatment for
mrs_skeptik [129]

Answer:

a. Freeman estimates that it is reasonably possible but not likely that it will lose a current lawsuit.​ Freeman's attorneys estimate the potential loss will be​ $4,500,000.

  • Describe the situation in a note to the financial statements.

Since the event is possible but not likely, it should be disclosed in the footnotes of the financial statements.

b. Freeman received notice that it was being sued. Freeman considers this lawsuit to be frivolous.

  • Do not disclose.

Since this is a frivolous lawsuit, there is no need to disclose it.

c. Freeman is currently the defendant in a lawsuit. Freeman believes it is likely that it will lose the lawsuit and estimates the damages to be paid will be​ $75,000.

  • Record an expense and a liability based on estimated amounts.

Since the negative outcome is probable and you were able to quantify your losses, you must record the expense for $75,000 and include the amount as a current liability.

6 0
3 years ago
Regina Henry deposited $20,000 in a money market certificates that provides interest of 10% compound and quarterly if the amount
Andrews [41]

Answer:

Regina: Final amount=$62,769

Will Smith: Present value:  $213,216

Explanation:

Regina:

Compound quarterly means that each quarter of the year ( every three months) she will receive a 10% interest rate of her deposit. To convert this periodic rate to an annual rate( because the problem ask you about years) you use this formula :

Annual rate= ((1+Periodic rate)^(# periods))-1

In this case the number of periods means the number of quarters a year have, which is 4

Annual rate= ((1+10%)^(4))-1= 46.41%

To find the final amount Regina has after 3 year we use this formula:

Final Capital (FC)= Initial Capital (IC)*[(1+interest(i))]^(number of periods(n))

FC= $20,000*[(1+46.41%)^3]

FC=$62,769 I attached an excel figure which shows a more detailed data.

Will Smith

Semiannually means that every 6 months Will Smith will receive a 12% interest rate of the initial investment. To convert this periodic rate to an annual rate you use the same above formula:

Annual rate= ((1+Periodic rate)^(# periods))-1

In each year Will will receive twice the interest rate over the initial investment

Annual rate = ((1+12%)^(2))-1

Annual rate= 25.44%

The present value of $80,000 from now to 5 years is calculated using the formula attached, but I used Excel. First you have to copy all the cash flows of the 5 years. Then, you set the interest rate that in this case is the one that you found above( 25.44%). Finally you use the financial formula "NPV" in this way:

"=NPV(25.44%;C4:C8)" I used C4:C8 because in those excel cells i copied the cash flows.

I got that the present value of this amount is $213,216

5 0
3 years ago
True or false? one of the most common reasons for stopping an exercise training program is injury.
Mama L [17]
Truth cause it may do to doing the activity wrong..or body ain’t conditioned right for it
3 0
3 years ago
Read 2 more answers
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