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Luda [366]
3 years ago
7

Dwayne has proper funding for his bicycle shop, but needs assistance on what to do

Business
1 answer:
oee [108]3 years ago
8 0

Dwayne has proper funding for his bicycle shop, but needs assistance on what to do  next.<u>The type of assistance needed by Dwayne is Small Business Administration</u>

Explanation:

In  U.S. Small Business Administration is a United States government agency that render support the budding  entrepreneurs and small businesses houses

The Small Business Administration (SBA)  was established in the year 1953 with intention of providing assistance to small business houses ,thus promoting economic growth.

The main function of SBA includes providing counselling and financial  aid to individuals trying to start their own  businesses.

The  assistance of SBA is provided in four main areas:

  1. Financial aid
  2. Educating  and training individuals
  3. Providing Government contracts
  4. Acts as a supporting  voice in policy matters.

All the above mentioned  programs are aimed to help  entrepreneurs start and establish their businesses .

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Blanco Company purchased 200 of the 1,000 outstanding shares of Darby Company's common stock for $600,000 on January 2, 2018. Du
Kruka [31]

Answer:

$660,000

Explanation:

The computation of the equity investment is shown below:

= (Common stock balance) + (Earnings × purchased shares ÷ Total outstanding shares) - (dividend × purchased shares ÷ Total outstanding shares)

= ($600,000) + ($400,000 × 200 shares ÷ 1,000 shares) - ($1,00,000 × 200 shares ÷ 1,000 shares)

= $600,000 + $8,0000 - $20,000

=$660,000

5 0
4 years ago
The Shady Farm Milk Company can process milk at a fixed rate of 7,200 gallons/hour. The company’s clients request 91,000 gallons
kogti [31]

Answer:

62,200 gallons of milk are still at the queue to be processed by noon

Explanation:

Step 1: Determine quantity of milk processed by noon

Quantity of milk=processing rate per hour×number of hours

where;

processing rate=7,200 gallons/hour

number of hours=8 am-noon, 12-8=4 hours

replacing;

Quantity of milk=(7,200×4)=28,800 gallons

The quantity of milk processed by noon=28,800 gallons

Step 2: Determine total quantity of order

Total quantity=91,000

Step 3: Determine remaining quantity to be processed at noon

Remaining quantity=total quantity-quantity already processed by noon

where;

total quantity=91,000

quantity already processed by noon=28,800

replacing;

Remaining quantity=(91,000-28,800)=62,200 gallons

62,200 gallons of milk are still at the queue to be processed by noon

6 0
4 years ago
Lyn files a suit against karl. karl denies lyn charges and sets forth his own claim that lyn breached their contract and owes ka
Whitepunk [10]
Karl's claim is a counter claim against lyn
8 0
4 years ago
Shopeazy inc. operates a chain of supermarkets. the managers and employees of the company have been on strike for months due to
BartSMP [9]

Answer:

In this scenario, Zeltro Investments can be best categorized a "corporate raider".

Explanation:

A corporate raider refers to a person who is an investor and purchases an expansive number of offers in any organization or corporation and the value of the assets of that corporation is not high. Corporate raiders can use different methods to take on changes, for example they can use their power to cast a vote.

5 0
3 years ago
Tops Co. purchases equipment for $12,000 and has been using straight-line depreciation, estimating a 5-year life and $500 salvag
lisov135 [29]

Answer:

According to the straight-line depreciation, this number can be obtained by dividing the difference between an asset's cost and its expected salvage value.

<u>Depreciation</u> = Asset's Cost - Expected Salvage Value ÷ Expected Years of use

Explanation:

In the case of Tops Co., they purchase equipment for $12,000 - $500 of Salvage Value expected ÷ 5  Expected years of use

The estimated depreciation will be $2,300 for 5 years

At the beginning of the third year Tops Co. decided to use the equipment for 6 years and no salvage value.

The remaining purchase value will be $12,000 - $2,300 (x3) = $5,100

Apply again the formula described above and our answer will be:

The revised estimated depreciation is $1,700 for the remaining three years.

4 0
3 years ago
Read 2 more answers
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