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EastWind [94]
3 years ago
10

True or false: many small businesses fail every year

Business
2 answers:
tatuchka [14]3 years ago
7 0

Answer:

True

Explanation:

20 percent of small businesses fail within the first year

Xelga [282]3 years ago
6 0

Answer:

According to data from the U.S. Bureau of Labor Statistics, about 20% of U.S. small businesses fail within the first year. By the end of their fifth year, roughly 50% have faltered. After 10 years, only around a third of businesses have survived. Surprisingly, business failure rates are fairly consistent.

Explanation:

You might be interested in
The measurement that equals cash receipts minus cash payments over a given period of time, is referred to as:
zavuch27 [327]
The above is referred to Net cash flow. Net cash flow to the difference between an organization's trade inflows and surges out a given period. In the strictest sense, net income alludes to the adjustment in an organization's money adjust as point by point on its income explanation. Cash flow is the cash that comes in and leaves an organization. It is the era of salary and the installment of costs. Money inflows result from either the era of income through the offering of products and enterprises, cash acquired, or cash earned through ventures.
3 0
3 years ago
Sheffield Corp. began 2022 with total stockholder’s equity of $1285000, including retained earnings of $928000. During the year,
gogolik [260]

Answer:

what was the company’s revenue for 2022?

$3802000

Explanation:

Beginning RE + Net Income (Profit or Loss) – Dividends = Ending RE  

retained Earnings 928000  

begining Equity 1285000  

issued 1262000  

Pid dividens 242000  

 

928000+profit-3500000-242000=988000  

 

Profit=988000-928000+3500000+242000  

 

Revenue=3802000  

5 0
3 years ago
1. What age group represents the highest percentage of taxpayers in 2016?
Salsk061 [2.6K]
Out of the roughly 142 million filers, people under the age of 35 account for 35 percent of all returns but just 17 percent of total AGI. By far, the largest number of filers are between the ages of 35 and 55, and they account for nearly half of total AGI
8 0
3 years ago
A German firm that manufactures precision scientific instruments has built a new factory in Nebraska on property that it has lea
Juli2301 [7.4K]

Answer:

greenfield venture.

Explanation:

The greenfield venture is the venture is a type of foreign direct investment i.e. FDI in which the investment is made either by an individual, firm or company in the other country. In this the business is developed from the initial stage also it has the highest controlling power. Also to set up the business in other countries, various benefits are provided that are in terms of discount, commission, subsidies, tax benefits

Therefore the given situation represents the green field venture example

5 0
3 years ago
Department M had 2,000 units 59% completed in process at the beginning of June, 11,400 units completed during June, and 900 unit
satela [25.4K]

Answer:

Total equivalent units= 10,490

Explanation:

<em>Equivalent Units</em>

<em>To apportion cost between work in progress and completed units in a particular period, we use equivalent units. Equivalents units are notional whole units which represent incomplete work and are used to apportion cost between completed units and work in progress</em>

<em>Equivalent Units = Degree of Completion × Units of inventory</em>

<em>Under the first in first out(FIFO) method, to account for the units of work completed the opening inventory are separated and distinguished from the units newly introduced in the period.</em>

<em>Another principle under this method is that only the percentage of work yet to be completed on the units of opening are done in the current period</em>

<em>Fully worked = 11,400 -2000 = 9400</em>

<em>The fully worked represents units of inventory started this current period and completed in the same period. </em>

It implies that out of 11,400 completed in the period 2,000 units represent the opening inventory carried forward and the balance is fully worked

Item                                       working             Equivalent units

Opening inventory         (100-59)%×  2000  =   820

Fully worked                    100% ×  9400     =     9400

Closing inventory              30% × 900      =       <u>270</u>

Total equivalent units                               <u>       10490</u>

3 0
3 years ago
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