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3 years ago

The _____ is an agency of the federal government that offers both managerial and financial assistance to small businesses.

Business

1 answer:

Reil [10]3 years ago

5 0

Answer:

D. Small Business Administration.

Explanation:

The Small Business Administration (SBA) is an agency of the federal government that offers both managerial and financial assistance to small businesses. SBA was established in 1953 as an autonomous or independent agency of the government of the United States of America. Generally, it is saddled with the responsibility of providing both managerial and financial assistance and counseling to small businesses in order to bolster the American economy.

The small business administration (SBA) serves as an intermediary between entrepreneurs and investors or creditors, in order to provide them with the necessary funds required to plan, start and grow their business.

<em>Basically, SBA provides services such as entrepreneurial development, access to funds, advocacy and contracting to small businesses (entrepreneurs) in the United States of America. </em>

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Tim Mattke Company began operations in 2018 and for simplicity reasons, adopted weighted-average pricing for inventory. In 2020,

Nookie1986 [14]

Answer:

a) $360,000

b) $52,000

c) Net Income 360,000 344,000 316,000

Explanation:

Part 1) Determine the net income for 2020 as follows using the First In First Out (FIFO)

= FIFO 2020 = $450,000 - The Income Tax

= $450,000 - ($450,000 x 0.35)

= $450,000- $90,000

= $360,000

Part 2) Compute the cumulative effect in change of the weighted average to FIFO

Weighted average FIFO Difference [email protected]%(difference) net effect

2018 370,000 395,000 25,000 5,000 20,000

2019 390,000 430,000 40,000 8,000 32,000

Total in Net effect $52,000

Part 3) Show comparative income statement as follows

2020 2019 2018

Income before tax 450,000 430,000 395,000

Remove the tax (@20) 90,000 86,000 79,000

Net Income 360,000 344,000 316,000

7 0

3 years ago

A lease option is a clause that grants an option holder the right, but not the obligation, to renew the lease, cancel the agreem

kow [346]

Answer:

B. Increases the expected present value of lease cash flows to the owner

Explanation:

A lease option gives a right but not the obligation to the renter of the property to buy the said property at today's current market price upon the expiry of lease term.

Lease option is similar to an option contract, the difference being, here instead of securities, leased property serves as the underlying asset and instead of option premium, the renter pays a premium each year in addition to the rental charges.

Lease cash flows refer to the present value of future cash flows which the lessor/owner receives in the form of lease rentals plus the added premium each year.

The more the benefits under lease option clause, the higher the premium charged and thus, more would be the future receipts of owner which would increase the expected present value of lease cash flows to the owner.

8 0

3 years ago

What is the primary purpose of an issuer sponsoring an american depositary receipt (adr)?

xz_007 [3.2K]

U.S. investors. these securities are created to facilitate foreign funding in U.S. companies. those securities are created to attract a U.S. investor base.

Foreign Direct funding (FDI) is a monetary time period used to explain when corporations from abroad (“international groups”) build facilities, buy equipment, lease people and create products and services in the U.S.A.

Foreign direct funding (FDI) is when an investor becomes a full-size or lasting investor in a commercial enterprise or company in another country, which may be a lift to the worldwide financial system.

Learn more about foreign investment in U.S. companies here

brainly.com/question/16261142

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7 0

2 years ago

quilibrium in the money market exists when a. excess demand for money is equal to the quantity demanded of money at a given inte

Elanso [62]

Answer: b. excess supply of money is equal to the quantity demanded of money at a given interest rate.

Explanation:

Equilibrium in the money market takes is usually achieved when the quantity of money demanded is equal to the quantity supplied. The demand curve for money is used to illustrate the quantity of money demanded at a given interest rate. The demand curve for money usually sloped downward, what this tells us is that people would want to hold less of their wealth in the form of physical cash ( money ). When the interest rates on bonds and other alternative investments are way higher.

3 0

3 years ago

Historically, coins and paper money complicated the exchange process. <br> a. True <br> b. False

Salsk061 [2.6K]

False. They made it easier.

6 0

3 years ago