Answer:
64%
Explanation:
Commercial banks have been found to provide most of the credit needs of small businesses. So small business owners are more likely to get a loan from a commercial bank close to them.
Commercial banks however tend to be reluctant when the economy is stagnant. Mostly small businesses in an economy that is slow have challenges repaying loans collected.
However funds have been made available for small business and are made available primarily through commercial banks
Answer:
just a business
Explanation:
cuz business can help you in the future...
Answer:
$4,271
Explanation:
IAS 2 requires that inventory be measured at the lower of cost or net realizable value. Since inventory is initially recognized at cost, where the cost is lower than the net realizable value (NRV), the cost is written down to the NRV.
Unit Cost per unit NRV Per unit adjusted cost Inventory amount
Minolta 5 167 164 164 820
Canon 8 134 156 134 1072
Vivitar 11 118 114 114 1254
Kodak 9 125 145 125 <u> 1125</u>
Total <u> 4,271</u>
Abc migrated to a Corporation type of company to reduce cost.
Answer:
Silent partner, secret partner
Explanation:
Partnership is an arrangement between two or more individuals to come together to form a business.
Silent partners are also known as investors. They are individuals who invest money into the business. Silent partners do no participate in the daily running of activities in the organization. The only means of contribution of the silent partner to the business is the provision of capital.
Secret partners are partners whose membership is not disclosed to the public, they take part in decision making processes in the organization.