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2 years ago

The _____ is an agency of the federal government that offers both managerial and financial assistance to small businesses.

Business

1 answer:

Reil [10]2 years ago

5 0

Answer:

D. Small Business Administration.

Explanation:

The Small Business Administration (SBA) is an agency of the federal government that offers both managerial and financial assistance to small businesses. SBA was established in 1953 as an autonomous or independent agency of the government of the United States of America. Generally, it is saddled with the responsibility of providing both managerial and financial assistance and counseling to small businesses in order to bolster the American economy.

The small business administration (SBA) serves as an intermediary between entrepreneurs and investors or creditors, in order to provide them with the necessary funds required to plan, start and grow their business.

Basically, SBA provides services such as entrepreneurial development, access to funds, advocacy and contracting to small businesses (entrepreneurs) in the United States of America.

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Assume that in year 1 an economy produces 1000 units of output and they sell for $100 a unit, on average. in year 2, the economy

irakobra [83]

The real GDP in year 1 (quantities in year 1 times prices in year 1) is equal to$100,000.The real GDP in year 2 is calculated by multiplying the output produced in this specific year times the prices at which the products sold on average in year 1.The real GDP in year 2 is also equal to $100,000.Although prices increased from $100 in year 1 to $110 in year 2, the total amount of output produced did not change and real GDP should be equal for these two years

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2 years ago

Which of the following statements concerning a process cost accounting system is false? A. The units in beginning inventory plus

Hitman42 [59]

Answer: The statement "A. The units in beginning inventory plus the units transferred out during the month should equal the units in the ending inventory plus the units transferred in during the month." is FALSE.

Explanation: The units in beginning inventory plus the units transferred in during the month MUST be equal the units in the ending inventory plus the units transferred out during the month.

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2 years ago

A nursery has $50,000 of inventory in dogwood trees and red maple trees. the profit on a dogwood tree is 28% and the profit on a

Aleks [24]

Answer and Explanation:

Let us assume the following things

x = dogwood inventory percentage

and, (50,000 - x) = red maple tree inventory percentage

And, the amount of profit is

= $50,000 × 0.20

= $10,000

Now the equation would be

0.28x + 0.18 × ($50,000 - x) = $10,000

0.28x + $9,000 - 0.18x = $10,000

0.10x = 1,000

x = 10,000 = dogwood

So, the red maple would be

= 50,000 - 10,000

= 40,000

8 0

2 years ago

The phenomenon that magnifies the variability in order quantities for goods as orders move through the supply chain from the cus

AleksandrR [38]

Answer:

The answer is letter A, True.

Explanation:

In order to understand the answer better, let's get to know what a bullwhip effect is in a supply chain.

Supply Chain- this is defined as a network of all the individuals, organizations,resources, technology and activities involved in the creation and sale of a product. This starts from the delivery of the source materials from the supplier to the manufacturer up to the delivery to the end user.

Bullwhip effect- this is considered to be a phenomenon of variability magnification. The view moves from the customer to the producer of the supply chain. Thus, the answer is letter A.

Additional Information

The bullwhip effect occurs when the changes in consumer demands cause the companies to order more goods to meet the new demand. This affects the expectations around it, causing a domino effect along the supply chain.

This effect can be prevented by having a clear communication between suppliers and customers. This will allow suppliers to prevent the occurrence of increase cost that will affect the overall supply chain.

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2 years ago

When the price of a slice of pizza is $1.75, quantity demanded is 400. when the price per slice falls to $1.50, quantity demande

Karolina [17]

The absolute value of the price elasticity of demand is -3.5 based on the information shown in the question above. This problem can be solved using the elasticity formula which stated as Ed = ((Q1-Q0)/Q0)% / ((P1-P0)/P0)%. In this formula, Ed is the elasticity of demand, Q1 is the current quantity, Q0 is the previous quantity, P1 is the current price, and P0 is the previous price (Calculation: -3.5 = ((600-400)/400)% / ((1.5-1.75)/1.5)%).

7 0

2 years ago