1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vinil7 [7]
3 years ago
15

"The Small Business Administration (SBA) is a government agency designed to help" small business owners.B)SBA does not directly

lend money, instead it helps partner business owners with other lenders in order to have more secure funding.C)SBA loans are not guaranteed.D)Some microfinance institutions have turned into predatory loan sharks.E)All the above are true
Business
1 answer:
kupik [55]3 years ago
4 0

Answer:

Statement C is a FALSE statement.

<u>SBA loans are not guaranteed.</u>

Explanation:

Small business administration loans are guaranteed by federal agency which allows the lenders to offer them with flexible terms and conditions as it provides with a sense of security to lenders.

So Statement (C) SBA loans are not guaranteed is a FALSE statement.

SBA is government agency which help partner business owners in getting loans as some microfinance organization have turned into predatory loan sharks.

So statement (A) ,(B), and (D) are TRUE.

So the correct answer would be option (C) as it is a false statement.

You might be interested in
Carpet Woes. Beau went shopping at ABC Carpet. He saw some carpet he liked but could not make up his mind. The manager at ABC Ca
ella [17]

Answer: The court will apply the predominant-purpose test to determine whether the predominant purpose of the contract was the sale of goods in which case the UCC would apply.

Explanation:

Based on the information given in the question, we should note that the court will apply the predominant-purpose test to determine whether the predominant purpose of the contract was the sale of goods in which case the UCC would apply.

We should note that under a predominant purpose test, it will apply when the transaction involved is Mena for goods sales and not for the service sales.

4 0
2 years ago
When you purchase an item,
Sunny_sXe [5.5K]

Answer:

it would be C bc they sold something

4 0
2 years ago
World Company expects to operate at 80% of its productive capacity of 50,000 units per month. At this planned level, the company
skad [1K]

Answer:

a. $13

b. $20,625 Unfavorable

Explanation:

a. Computation of overhead volume variance is shown below:-

Variable overhead rate = Variable overhead cost ÷ Expected standard hours

= $275,000 ÷ 25,000

= 11 direct labor hour

Fixed overhead rate = Productive capacity ÷ Expected standard hours

= $50,000 ÷ 25,000

= $2 direct labor hour

Total overheard rate = Variable overhead rate + Fixed overhead rate

= $11 + $2

= $13

b. The computation of overhead controllable variance is shown below:-

Variable overhead cost = Overhead rate × Standard hours

= $11 × 21,875

= $240,625

Fixed overhead cost = Overhead rate × Standard hours

= $2 × 21,875

= $43,750

Total overhead cost = $13 × 21,875

= $284,375

Actual result = $305,000

Variance = Actual result - overhead cost applied

= $305,000 - $284,375

= $20,625 Unfavorable

Working note:-

Standard direct labor hours = Actual units ÷ Standard hours

= 35,000 × 1.6

= $21,875

Standard units per hour = (Standard capacity × Expected production) ÷ Standard hours

= (50,000 units × 80%) ÷ 25,000 hours

= 1.6 units per hour

8 0
3 years ago
Country x would have an absolute advantage over country y in the production of automobiles under what conditions?
Paul [167]
Under the condition that country X can manufacture cars more cheaply. An absolute advantage devours in a country if it makes good over alternative country and uses a smaller amount of wealth to yield that good. The result of a country’s natural legacy is the absolute advantage. Another example is extracting oil in Saudi Arabia is pretty much just a matter of drilling a hole. Generating oil in other countries can is essential substantial exploration and costly technologies for drilling and extraction if certainly they have any oil at all. The United States devours about the richest farmland in the world which manufacture it at ease to grow corn and wheat than in many other countries. Guatemala and Colombia partake environment particularly suitable for growing coffee. Chile and Zambia have about of the world’s richest copper mines. As some have claimed that geography is destiny. Chile will bargain copper and Guatemala will harvest coffee and they will trade. When each country has a product others necessity and it can be manufactured with fewer resources in one country over another then it is easy to visualize all parties do good from trade. Thinking about trade just in relations of geography and absolute advantage is incomplete. Trade actually happens because of comparative advantage.
4 0
3 years ago
Read 2 more answers
Explain what type of business would fall under a partnership ???
scZoUnD [109]

here you go

Explanation:

A partnership is a business shared by multiple owners. It's not a legal business entity, and it doesn't have to be registered with the state. Basically, if you decide to go into business with another person without filing any state paperwork, you're automatically in a partnership

4 0
2 years ago
Other questions:
  • You decide to form a portfolio of the following amounts invested in the following stocks. What is the expected return of the por
    12·1 answer
  • 5. Describe an ethical dilemma related to pricing or advertising. (1 point)
    7·1 answer
  • Why is an organizational structure important?
    5·1 answer
  • On September 30, 2021, Athens Software began developing a software program to shield personal computers from malware and spyware
    5·1 answer
  • The projected capital budget of Kandell Corporation is $1,000,000, its target capital structure is 60% debt and 40% equity, and
    9·2 answers
  • What would likely have the most severe immediate effect on an economy? Multiple Choice A significant drop in exports. The Fed's
    7·1 answer
  • Qué aspectos consideras relevantes dentro de una mega tendencia?<br><br> Ayuda porfavorr
    8·1 answer
  • Allowing third-party sellers to list their products on Amazon is controversial. Why would Amazon allow products sold by others t
    6·1 answer
  • Which entry records the investment of cash by John, owner of a sole proprietorship?
    12·1 answer
  • Which herbs are useful from cosmetic point of view ? also name the products made from them<br>​
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!