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vovangra [49]
3 years ago
5

Of the 27.8 million businesses in this country at the end of 2008, the majority _____.

Business
1 answer:
Tatiana [17]3 years ago
8 0

A) Are small businesses

There are more small businesses in existence than any other type of business.

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Suppose that you deposit? $10,000 in an account that pays? 6% interest and you want to know how much will be in your account at
dimaraw [331]

Answer:

B.    =PV(.06,10,0,10000)

Explanation:

In MS Excel the formula of Present value re is as  "=PV( rate, nper, pmt, [fv] )".

PV = Present value

rate = Interest rate= 6% = 0.06

nper = number of periods  = 10

pmt = payment made each period = 0 in this scenario

fv = future value = 10,000

So, according to the formula the correct sequence is =PV(.06,10,0,10000)

which is correctly mentioned in option B.

3 0
3 years ago
Jackson Co. began the year with $20,000 in inventory. During the year, the company purchased $80,000 worth of inventory. At the
Irina-Kira [14]

Answer:

The total cost of goods sold  = $70,000

Explanation:

Given:

Initial inventory at the start of the year for Jackson Co. = $20,000

Total cost of purchases made during the year = $80,000

Inventory remaining at the end of the year = $30,000

Solution:

Total inventory for Jackson Co. during the year = \$20,000+\$80000= \$100,000

Inventory remaining at the end of the year = $30,000

The cost of the goods sold can be calculated by subtracting the remaining  inventory from the total inventory.

Thus, cost of goods sold can be given as :

⇒ \$100,000-\$30,000

⇒  \$70,000

The total cost of goods sold  = $70,000

8 0
3 years ago
Steve is in charge of accounting for the purchase of equipment at Cal Works, Inc. The company has a policy that all expenditures
Svetlanka [38]

Answer: Materiality

                   

Explanation: In simple words, materiality refers to the accounting concept which states that only those transaction should be recorded in the financial statements which are important to the stakeholders.

In other words, the transactions should be recorded in such a way that it gives some value to the stakeholders.

Therefore, in the given case, steve reported two expenditures in the fiancial statement as the amount is significant, thus,must be holding the value to stakeholders.

Hence the correct option is D.

5 0
3 years ago
The wealth of the owners of a corporation is represented by​ ________.
Sveta_85 [38]

Answer:

The answer is B. share value

6 0
3 years ago
Croft Corporation produces a single product. Last year, the company had a net operating income of $89,000 using absorption costi
Maksim231197 [3]

Answer:

21,200 units

Explanation:

For determining the sales, first we have to compute the net operating income difference which is shown below:

= Net operating income under absorption costing - Net operating income under variable costing

= $89,000 - $74,600

= $14,400

Now the inventory units increased by

= $14,400 ÷ 12 per unit

= 1,200 units

And, the production units are 22,400

So, the sales would be

= 22,400 units - 1,200 units

= 21,200 units

This is the answer and the same is not provided in the given options

4 0
3 years ago
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