Most Small Business Administration loans are actually made by
A. the Small Business Administration.
B. the government.
C. private lenders.
D. private foundations.
E. insurance companies.
Answer: C
You might also like to view...
The PJC department of McIntyre Company shows gross sales of $730,600 for computer supplies and $934,900 for general office supplies. It has determined that computer supplies cost $534,000 and that general office supplies cost $391,400 . What is the gross profit percentage for the computer supplies section of the PJC department?
a. $196,600 b. 1.4% c. 26.9% d. 73.0%
A major advantage of a ________ strategy is that the company does not tie its reputation to the product
A) blanket family name B) licensing C) separate family brand name D) category extension E) brand revitalization
This question contains two parts; be sure to answer both. First, define learning organization and summarize the three parts of a learning organization. Next, imagine that you are a publisher of fiction, and your publishing house considers itself a learning organization. Give an example of how your publishing house might implement each of the three parts of a learning organization.
What will be an ideal response?
A firm purchased an office machine for $4,600, estimated that it will use the machine for 15 years, and estimated a salvage value of $100 . On December 31 of the sixth year, before closing the books for the year, the firm analyzed its estimates of useful life and salvage value. In light of new information, the firm estimated that the machine will have a total useful life of only 10 years, and the
salvage estimate of $100 remains reasonable. The new estimate of the remaining life is five years (the year just ended plus the next four). The depreciation entry on December 31 of the sixth year and each year thereafter is: a. Depreciation Expense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 300 Accumulated Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .300 b. Depreciation Expense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 600 Accumulated Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .600 c. Accumulated Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . .300 Depreciation Expense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 300 d. Accumulated Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . .600 Depreciation Expense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 600 e. none of the above