The definition of a small business varies by industry. Depending upon the industry, a small business is defined by its number of employees or total annual revenue.
This matters because most businesses use the accrual basis of accounting where revenue is recognizedwhen it is earned,and expenseswhen they‘re incurred (not when they’re paid). To understand the concept, let’s assume a business uses a utility (such as electricity) to keep their offices run...
解析:细节辨认题。由题干中的a small business owner和survive定位到文章第二段第二句。定位句指出小企业要想生存,就需要适应互联网带来的影响。选项C)Adapt to the impact of the Internet和定位段中adapt to the growing impact of the Internet意思一致,由此可以确定C)“适应互联网的影响”为本题的答案。
Yes, accounts receivable is considered a current asset because it represents money owed to the business that is expected to be received in the near future. When a customer pays with a credit card, is that cash or accounts receivable?
What is Incremental Revenue? What is a Profit Center? What is Operating Income? Discussion Comments ByAcracadabra— On May 15, 2011 @MissMuffet - I understand that feeling pressured to buy extra items can be a nuisance, but in many ways it makes perfect business sense. When you have a ca...
is likely due to our evolving interpretation of what a business owner is, one that’s born from new variations and forms of “business ownership,” from the sidepreneur to the infopreneur—emphasizing, above all, the self-starter attitude toward creating value that, in turn, creates revenue....
This content is for information purposes only and should not be considered legal, accounting, or tax advice, or a substitute for obtaining such advice specific to your business. Additional information and exceptions may apply. Applicable laws may vary by state or locality. No assurance is given ...
Banks and card networksuse merchant chargeback ratesas a key indicator. It helps them determine which merchants are “safe,” and which merchants might represent a liability. Chargeback rate is not agreatindicator, all things considered. There are a lot of extenuating circumstances that need to b...
A small business is a company of relatively limited size, as measured by its revenue, number of employees, or both. Often described as the backbone of the U.S.economy, small businesses range from sole proprietorships to partnerships and corporations with multiple owners and sometimes hundreds of...
whether that's in a physical storefront, online, or on the roadside. Anyone who conducts business activity with financial earnings must report this income to theInternal Revenue Service (IRS).5