Type the correct answer in the box Spell all words correctly What role does the US Small Business Administration (SBA) play under the 7(a) Loan Guarantee Program?
of the loan that lenders (banks) provide small businesses.
Under the 7(a) Loan Guarantee Program, the SBA acts as a Of the loan that lenders (banks) provide small businesses.

Cherokee inc. is a merchandiser that provided the following information: amount number of units sold 20,000 selling price per unit $ 30 variable selling expense per unit $ 4 variable administrative expense per unit $ 2 total fixed selling expense $ 40,000 total fixed administrative expense $ 30,000 beginning merchandise inventory $ 24,000 ending merchandise inventory $ 44,000 merchandise purchases $ 180,000 required: 1. prepare a traditional income statement. 2. prepare a contribution format income statement.