A Small Business Investment Company (SBIC) is a/an:
a. agency of the federal government
b. arm of the SBA
c. private investment company licensed by the SBA
d. financial information center
e. an attempt to fund high-tech firms through direct loans and grants
c. private investment company licensed by the SBA
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Nearly all reporting tasks use secondary data
Indicate whether the statement is true or false
Open skills need to be identically reproduced on the job.
Answer the following statement true (T) or false (F)
Pavelko Corporation has provided the following data for its two most recent years of operation: Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials$13Direct labor$5Variable manufacturing overhead$5Fixed manufacturing overhead per year$90,000Selling and administrative expenses: Variable selling and administrative expense per unit sold$6Fixed selling and administrative expense per year$61,000 Year 1Year 2Units in beginning inventory01,000Units produced during the year10,0009,000Units sold during the year9,0008,000Units in ending inventory1,0002,000The unit product cost under variable costing in Year 2 is closest to:
A. $32.00 B. $38.00 C. $29.00 D. $23.00
The rules, regulations, and habits used for bricks-and-mortar stores tend to restrain and limit the success of those retailers engaged in e-commerce.
Answer the following statement true (T) or false (F)