Author Question: To qualify as a small business, an agricultural company's maximum annual receipts must be no more ... (Read 58 times)

j.rubin · **on:** Jul 14, 2018

To qualify as a small business, an agricultural company's maximum annual receipts must be no more than
A) 500,000.
B) 9 million.
C) 800,000.
D) 1 million.
E) 750,000.

Question 2

Assume that the First State Bank of Chicago requires a 20 percent compensating balance on short-term loans. If you borrow 50,000, at least ____ of the loan amount must be kept on deposit at the bank.
A) 4,000
B) 10,000
C) 1,000
D) 20,000
E) 50,000