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3 years ago

How does the Small Business Administration (SBA) categorize some types of insurance needs?

Business

2 answers:

hichkok12 [17]3 years ago

6 0

All risk policies and peril risk policies, those are for property insurance though.

Maksim231197 [3]3 years ago

5 0

First, know that every state and country has a set of different expectations and standards when it comes to taxes. This means you have to conduct some research and understand your target market.

For instance, if your store’s demographic is located in the U.S., you’ll likely want to display your prices exclusive of tax. However, if your target demographic is Australian, for example, where shoppers are accustomed to seeing all-inclusive prices, you’ll want to display your prices with tax.

Some other issues to consider is what you are selling and where you are selling it from. For instance, if you are located in New York and want to sell clothing, know that clothing is taxed in New York state. In Britain, VAT tax applies to all non-essential goods.

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Being able to identify an industry to use for benchmarking yourfirm's results with similar companies is frequently not easy. Ch

Anvisha [2.4K]

Answer:

The correct answer is: Retail Trade.

Explanation:

The North American Industry Classification System (NAICS) is a standard used to classify businesses of different industries. The classification apples by companies located in Mexico, the U.S., and Canada. Automobile dealers, furniture, electronics and appliances, groceries, clothing, and shoe stores among others are considered Retail Trade businesses according to the NAICS.

7 0

3 years ago

Lambert Manufacturing has $120,000 to invest in either Project A or Project B. The following data are available on these project

Angelina_Jolie [31]

Answer:

c. $74,450

Explanation:

The computation of the Net present value is shown below

= Present value of all yearly cash inflows after applying discount factor + salvage value - initial investment

where,

The Initial investment is $120,000

All yearly cash flows would be

= Annual net operating cash inflows × PVIFA for 6 years at 14%

= $50,000 × 3.8887

= $194,435

Refer to the PVIFA table

Now put these values to the above formula

So, the value would equal to

= $194,435 - $120,000

= $74,435 approx

6 0

3 years ago

Refurbish, Inc. bought 1,000 shares of its own stock at $8 a share. Later, it reissued the shares for $10,000. The effect of the

IRINA_888 [86]

Answer:

$10,000 increase in stockholder equity

Explanation:

The buying of treasury stock reduces the balance of stockholder equity but when the treasury stock is reissued or we can say after purchase, the sale of treasury stock is done for $10,000. So, it increases the balance of stockholder equity

It means that the purchase of treasury stock has an adverse impact on stockholder equity whereas reissued shares have a positive impact on stockholder equity

7 0

3 years ago

What is the term that describes a group of firms cooperating with each other in order to avoid competition?

Marrrta [24]

The right answer for the question that is being asked and shown above is that: "communication" the term that describes a group of firms cooperating with each other in order to avoid competition is that of communication

7 0

3 years ago

When Judy's income increased from $200 to $240 a week, she increased her demand for concert tickets by 20 percent and decrea

aleksley [76]

Answer:

The answer is YED for concert tickets = 20%/ 20% = 1

YED for bus rides = -20% / 20% = -1

Explanation:

income elasticity of demand (YED) = % change in Quantity demanded / % change in income

% change in income= (240-200) / 200 * 100= 20%

YED for concert tickets = 20%/ 20% = 1

YED for bus rides = -20% / 20% = -1

The income elasticity of demand for concert tickets and bus rides is unitary which means the rise in income is proportionate to the increase in the quantity demanded.

4 0

3 years ago