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3 years ago

Small businesses are important to the U.S. economy because

Business

1 answer:

horsena [70]3 years ago

6 0

Answer:

D) They create about 65% of new jobs each year and generate over 50% of the U.S. GDP.

Explanation:

Small businesses employ over 99 percent of all the private-sector employees in the US. In figures, they hire over 130 million people. Besides that, 60 to 80 percent of all new jobs created every year come from small businesses.

In revenue generation, Small business makes 54 percent of US sales. They contribute over six trillion-dollars to the economy or 50 percent of the country's GDP

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Robert??? I need to ask you something

ELEN [110]

Answer:

i'm not sure this is the right place to ask him if you want to ask him in private

Explanation:

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2 years ago

Oriole Company has the following transactions related to notes receivable during the last 2 months of the year. The company does

NikAS [45]

Answer:

See explanation

Explanation:

Nov. 1 Notes receivable - C. Bohr Debit $52,200

Cash Credit $52,200

To record the loan provided to C. Bohr issuing a 7%, 12-month note.

Dec. 11 Notes receivable - K. R. Pine Debit $1,800

Sales revenue Credit $1,800

To record the sales revenue by issuing a 8%, 90-day note.

Dec. 16 Notes receivable - A. Murdock Debit $4,800

Accounts receivable - A. Murdock Credit $4,800

To record the settlement of an open account by issuing a 180-day, 10% note.

Dec. 31 Interest Receivable Debit $681 (Note - 1)

Interest Revenue Credit $681

To record the interest revenue accrued on December 31.

Calculation:

November 1 Interest from C. Bohr = $52,200 × 7% × (2÷12) = $609

December 11 Interest from K. R. Pine = $1,800 × 8% × (20÷90) = $32

December 16 Interest from A. Murdock = $4,800 × 10% × (15 ÷ 180) = $40

Total Interest = $681

5 0

3 years ago

As a business owner, you find that your resource prices are increasing often. Because these costs are rising, you find it necess

pishuonlain [190]

Answer:

The right answer is Option b (menu costs).

Explanation:

Menu expenses or costs would be the expenses a company entails if it modifies its pricing often, the most important approach to pay for the menu would be to keep particular pricing persistent.
And that if an organization employee regularly changes significantly pricing owing to an improvement throughout commodity price marketing expenses are involved.

The other four choices are not connected to the given query. So the above is the right approach.

6 0

3 years ago

Help me with this please I got it wrong !!

serious [3.7K]

I also believe it is your resume, because everything in it shows upon your soft skills.

4 0

2 years ago

D. L. Tuckers has $48,000 of debt outstanding that is selling at par and has a coupon rate of 6.75 percent. The tax rate is 35 p

RUDIKE [14]

Answer:

$16,800 ($1,134 tax shield discounted at 6.75% to infinity)

Explanation:

Since debt interest payment is tax deductible, D.L. Tuckers, will enjoy an annual tax shield from the interest payment. This is computed as follows.

Debt Outstanding: $48,000

Interest payment: 6.75% * $48,000 = $3,240

Let's assume the in a given year, the profit of the Company was $x.

The tax payable on the profit (without the shield from debt interest) would be

= $x * 35% = 0.35x

However, due to the tax shield, the taxable profit of the Company will be reduced by the interest payment.

Taxable Profit = $x - $3,240

Tax payable = 35% * (x - 3,240) = 0.35x - 1,134

Thus, as a result of the tax shield from interest payment, the tax payable by the company is reduced by $1,134. This will recur annually since the company intends to keep this level of debt financing for the foreseeable future.

The effective interest payable (after tax) can also be computed using the formula below.

Effective after tax interest = $Debt Interest * (1-Tax Rate)$

= $3,240 * (1 - 35%)

= $3,240 * 65% = $2,106.

With an effective after tax interest of $2,106, the tax shield is the difference between the actual interest and the effective after tax interest

Tax shield = $3,240 - $2,106 = $1,134

Therefore, the present value of the tax shield is derived by discounting the tax shield with the appropriate discount rate, assumed to be the coupon rate in this case.

PV of Tax shield = $\frac{Tax Shield}{Coupon Rate}$

= $\frac{1,134}{0.0675}$

PV of Tax Shield = $16,800.

5 0

3 years ago