A U.S. government agency that works to assist small businesses is called the Small Business Administration(SBA).
<h3>What does the Small Business Administration do?</h3>
The Small Business Administration was established under the Eisenhower tenure in order to boost the nation's economy.
They work to help small businesses by offering them several types of support such as management training and loans.
Find out more on the Small Business Administration at brainly.com/question/13424073.
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Answer:
The answer is $10,800
Explanation:
Straight line method of depreciation is:
Cost - residual value/number of useful life
Cost - $62,000
Residual value - $8,000
Number of years - 5years
=62,000 - 8,000/5
=57,000/5
$10,800.
Therefore, $10,800 will be charged every year.
The relevant cost of building an office building is $9 million.
- The calculation of the relevant cost of building an office building is as follows:
= Sale value of partially completed building and land + additional labor & material required
= $4 million + $5 million
= $9 million
Therefore we can conclude that the relevant cost of building an office building is $9 million.
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Answer:
C Services are provided by both private and public sectors.
Explanation:
In a mixed economy, the private sector has the freedom to participate in economic activities, although the government has a role to play. A mixed economy allows the private sector to own the factors of production hence are free to decide what business they wish to run. Consumers have the liberty to select their suppliers. There is competition in the market place as profits motivate entrepreneurs.
The government is involved in the provision of public goods such as roads, hospitals, and schools. It provides regulatory services to the private sector to ensure fairness in the economy.
