100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
ESB Business Financials Question and answers already passed 2024 $13.49   Add to cart
Quickly navigate to
Preview
  2.  
  3. Esb
  4.  
  5. Esb
  6.  
  7. Esb

Exam (elaborations)

ESB Business Financials Question and answers already passed 2024
 4 views  0 purchase
  • Course
  • Esb
  • Institution
  • Esb

ESB Business Financials Question and answers already passed 2024 A law was passed increasing the minimum wage by 30%. The owner of a small landscaping business must now pay all of her laborers 30% higher wages. What is the minimum amount the owner must now charge customers for labor to balance her ...

[Show more]

Preview 1 out of 2  pages

Document information

  • August 23, 2024
  • 2
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • esb business financials
  • esb business financials question and answers alrea

Written for

  • Esb
All documents for this subject (997)

Seller

avatar-seller
Carzola98

Reviews received

Content preview

ESB Business Financials
A law was passed increasing the minimum wage by 30%. The owner of a
small landscaping business must now pay all of her laborers 30% higher
wages. What is the minimum amount the owner must now charge customers
for labor to balance her increased operational expenses? - correct answer
✔30%


You are examining the year-end balance sheet for your business.
According to the information in the Balance Sheet, what is your equity in the
business?


Balance Sheet for year ending December 31
Assets
Cash $10.000
Inventory $2.000
Equipment $5.000
Total Assets $17.000


Liabilities
Credit card balance: $2.500
Long-term debt: $0
Unearned revenues: $3.500
Total Liabilities: $6.000 - correct answer ✔$11.000


You operate a small insurance office with a partner. Which expense is a fixed
cost? - correct answer ✔property lease for the office

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Carzola98. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $13.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

78600 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$13.49
  • (0)
  Add to cart