Jill owns a salon and she submit a PPP loan application . Jill is a sole proprietorship with no employees. Jill submit her 2019 IRS Form and schedule C her Gross sales were $36,000 and her net profit loss was $12,000. What is the maximum possible PPP loan amount ?

Answers

Answer 1

Answer:

Jill's maximum possible PPP loan amount is $2,500

Step-by-step explanation:

The given parameters of the PPP loan application applied to by Jill is as follows;

Jill submits her 2019 IRS Form Schedule C with Gross Sales = $36,000

The net profit loss = $12,000

Therefore, Jill's monthly average net profit = $12,000 ÷ 12 = $1,000

Jill's PPP loan amount = 2.5 × Her monthly net profit

∴ Jill's maximum possible PPP loan amount = 2.5 × $1,000 = $2,500

Jill's maximum possible PPP loan amount = $2,500


Related Questions

What is the density of an object with a mass of 30g and a volume of 10mL

Answers

Answer:

3 grams/cubic centimeter

Step-by-step explanation:

Density formula is mass divided by volume

30/10=3

3 grams/cubic centimeter

e
ath!
0 of 8
3. Mark-up, Discount,
Change Assignment
POINTS
TODAY
POINTS
THIS WEEK
GAME
CREDITS
$ $
$
First try was incorrect
Belvedere goes to the store and buys a soccer ball for $50. The store
is running a discount of 10%. What is the price of the soccer ball after
the discount?

Answers

Answer:

$45 after the discount

Step-by-step explanation:

Set up a proportion.

     [tex]\frac{x}{50} = \frac{10}{100}[/tex]      $50 is the total amount and make the 10% a decimal

x(100) = 50(10)

100 = 500

100 ÷ 500

x = 5     <-- We have to subtract this amount from the total

$50 - $5 = $45 <-- total after the discount

Hope this helps!!

I agree with the person on top have a nice day :)

Triangle XYZ is similar to triangle fgh solve for n​

Answers

Answer:

Step-by-step explanation: the answer is 18

HELP! DUE SOON!


Vivian needs to ride her bike to her friend’s house 96 miles away. She is riding at an average speed of 15 miles per hour. She has 6 hours to get there. Will she make it?

Answers

Answer:

No.

Step-by-step explanation:

If she is riding 15 miles per hour (the rate), and she has six hours (the time), then in order to find out the distance, we multiply the rate*the time.

15*6 = 90

90<96

So, no, she will not make it.

Plzzz help meeeeeee :(

Answers

Answer:

1. yes

2. yes

3.no

4.yes

5.no

6.no

7. never true

8. always true

9. never true

10. always true

11. always true

12. never true

13. 108

14. 80

15. 70

16. 123

17. 38

18. 167

19. 10

20.154

Step-by-step explanation:

I need help. I have no idea how to do this!

Answers

Answer:

A ≈ 5.1 units²

Step-by-step explanation:

The area (A) of the triangle is calculated as

A = [tex]\frac{1}{2}[/tex] × 2 sides × sin (angle between them ) , then

A = 0.5 × 7 × 3 × sin29° ≈ 5.1 units²

13 + 5x - 4y - 8
.
I need to simplify the expression

Answers

Answer:

5+5x-4y

Step-by-step explanation:

3 relaciones entre dos conjuntos de variables que no puedan ser concidera das funciones​

Answers

Step-by-step explanation:

el agua con el fuego debido a que no son los mismos funciona

One week, seventy-two percent of the animals that came to a veterinary hospital were dogs. If there were 125 dogs that came in, how many total animals were seen?

Answers

Answer:

There is a total of 174 animals

Step-by-step explanation:

I tried my hardest but I'm very small brain

Simplify each ratio.

1) 40:15

Answers

Answer:

8:3

Step-by-step explanation:

,,,,lol hope it helps i don't know how to explain,,, I guess its just dividing you know like 15÷5= 3 so on

Help please :>
Convert 108 km/hr into m/s ​

Answers

Answer:

hello :) the answer is 30 m/s

Answer:

30m/s

Step-by-step explanation:

Convert km to m:

108 —> 108000

Convert hr to s

1 —> 3600

Now put them back into their place in the fraction: 108000/3600

Simply the fraction: 30m/s

Rebeckah answered 42 of 60 questions on the test. Which method should she use to find the percent of questions answered correctly

Answers

If ur question is basically “what is the 42% of 60” then the answer is 25.2 :)

I need help like actual help

Answers

Answer:

look at the explanation

Step-by-step explanation:

hey hey. i’ll help you. sorry if this is long. :)

okay so let’s think about this. there’s a lot of extra information that we don’t need so let’s get rid of everything up to ”7 years”.

now.. she works 40 hours per week right? and she makes $2.13 per hour. so now that we have that, let’s think what 40 x $2.13 is. if you do the math right you should get 85.2 or $85.20. so that’s in one week, but then in a typical week sheserves 75 tables that have an average bill of $4q. so now that we have those numbers, we take 41 x 75 then add it to our weekly number. so we multiply the two together and we get 3075. not 30.75 but $3075.00! so take that and add it to 85.20.. you should get 3160.2, or $3160.20. but then typically an 18% tip, so let’s go back to the number before (41) and find what 18% of 41 is.

18% of 41 is 7.38 or in this case, $7.38. so once we have that, you’re gonna want to multiply 7.38 by 75 to get that total. if you do that you should get 553.5

okay.. now we have all the numbers we need. we’re already basically done, we just need to add the tips to the other total!

$3160.20 + $553.50 = $3713.70

so in a week, she makes $3713.70

i hope this helped you! good luck!

Answer:

Answer vary :

$85.20

Step-by-step explanation:

i did it on the question thing comments. And I’m super positive it’s right.

A(2, 4)
-------> A' ( 14, 28)

Answers

what do we have to do?

Answer:

Move 12 units to the right and 24 units up to complete the conversion from point A to point  A'

4
please help asap !!

Select the correct answer.
Which set of numbers is arranged in increasing order?
O A.
1
OB.
TT, V10. 3.14.22
3.14, 7, 2, VTO
Oc. 44, V1O. 3.14. 7
OD V10, 42, 3.14, 5

Answers

Answer:

[tex]\textsf{B.} \quad 3.14, \; \pi, \; \dfrac{22}{7}, \;\sqrt{10}[/tex]

Step-by-step explanation:

The given set of numbers (in any order) is:

[tex]\pi, \;\sqrt{10}, \; 3.14, \; \dfrac{22}{7}[/tex]

Convert each number to its decimal equivalent to 4 decimal places:

[tex]\implies \pi=3.1416\;(\sf 4\;d.p.)[/tex]

[tex]\implies \sqrt{10}=3.1623\;(\sf 4\;d.p.)[/tex]

[tex]\implies 3.14 = 3.1400\;(\sf 4\;d.p.)[/tex]

[tex]\implies \dfrac{22}{7}=3.1429\;(\sf 4\;d.p.)[/tex]

Each number has 3 units and 1 tenth.

Comparing the hundredths, all the numbers have 4 hundredths except √10 which has 6 hundredths.  Therefore, √10 is the largest number since 6 > 4.

Comparing the thousandths of the other three numbers, 3.14 is the smallest number as it has zero thousandths.

π is the next smallest as it has a one thousandth.

Therefore, the given set of numbers in increasing order is:

[tex]3.14, \; \pi, \; \dfrac{22}{7}, \;\sqrt{10}[/tex]

100 POINTS PLEASE HELP ASAP!!!!!!!!!!!

Answers

Answer:

its the first one

Step-by-step explanation:

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⣿⣿⣿⣿⠟⠩⠶⣾⣿⡿⢯⣍⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿

⣿⣿⣿⠏⠀⠀⠈⠉⠀⣠⢤⠈⠋⠀⢠⣄⠉⢻⣿⣿⣿⣿⠃⠈⢿⣿⣿⣿⣿⣿

⣿⡟⠁⠀⠀⠀⣹⣦⣀⣙⣈⣀⢶⣤⣈⣁⣠⣾⣿⣿⣿⡿⠀⠀⠼⢿⣿⣿⣿⣿

⡏⠀⠀⠠⣤⠦⣭⣙⣛⠛⠋⠁⠀⠙⠛⢉⣻⣿⣿⣿⠋⠁⠀⠀⠀⠀⠀⠀⠈⣿

⡇⠀⠀⠀⠛⠮⣽⣒⣻⣭⢽⣿⣿⣿⣿⣿⣿⣿⣿⡇⠀⠀⠀⠀⠀⠀⠀⠀⠀⣿

⡇⠀⠀⠀⠀⠀⠀⠀⠈⠉⠉⠉⠉⠉⠉⣼⣿⣿⣿⣧⠀⠀⠀⠀⠀⠀⠀⠀⢰⣿

⡟⠳⢤⣤⣀⣀⣀⠀⠀⠀⣀⣀⣤⣴⣾⣿⣿⣿⣿⣿⣷⣦⣤⣤⣤⣤⣤⣴⣾⣿

⣇⠀⠀⠀⠀⠉⠉⠈⠁⠈⠉⠉⡙⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿

⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿

⢠⣶⠿⠿⣷⡄⠈⣠⣶⠿⢿⣶⡄⠉⣡⣶⠿⠿⣶⡄⠄⣿⡇⢀⣾⡿⠃

⣿⣏⠄⠄⠄⠄⢰⣿⡇⢀⠄⣿⣿⠄⣿⡏⠄⠄⠄⠄⠄⣿⣿⣿⣿⡀

⠹⣿⣄⣠⣶⡆⠄⢿⣷⣀⣠⣿⡟⠄⢻⣷⣄⣠⣶⠆⠄⣿⡏⠈⢿

yall like that ;)?

Function g can be thought of as a translation (shifted) version of f(x)=x^2

What is the equation for g (x).?? PLEASE HELP ASAP

Answers

Answer:

(x+5)²

Step-by-step explanation:

To solve this we just need to shift the graph 5 spots to the left

to do this we need to add 5 to the x

(x+5)²


Write down the term-to-term rule and the next two terms of this sequence.
2. 6. 10. 14.
Plz tell step by step

Answers

Nth term rule is 4n - 2
Next 2 terms: 18, 22

Fill in the blank: Set up a ratio using _________. To get the right answers, you cannot skip this step

Answers

Send a photo of this world probelm

Eli is following this recipe to bake bread rolls. He uses 600ml of water. How much of the others ingredients does he use? 600g flour 9g salt 12g yeast 30ml oil 500ml water

Answers

Answer:

720 grams of flour.

10.8 grams of salt.

14.4 grams of yeast

36 ml of oil.

Step-by-step explanation:

The recipe is:

600g flour

9g salt

12g yeast

30ml oil

500ml water

Now we use 600ml of water.

We can take the quotient between the amount of water we use and the amount of water in the recipe, this is:

600ml/500ml = 1.2

Then the ratio between the quantities we need to use and the quantities un the recipe should be always 1.2

Or the quantities that Eli needs to use will be 1.2 times the ones shown in the recipe.

Then she needs to use:

1.2*600g flour = 720 grams of flour.

1.2*9g salt = 10.8 grams of salt.

1.2*12g yeast = 14.4 grams of yeast

1.2*30ml oil = 36 ml of oil.

Jeremy makes a drawing of a walkway shaped like three rectangles. The total area of the walkway is 24 square meters. What is the area of the smallest rectangle in the walkway?

Answers

Answer:

Step-by-step explanation:

Answer:

21

Step-by-step explanation:

have a nice dayyy!! thx for points

KIA buys a shirt that cost $12.50 and some pairs of socks that are $2.50 each. She pays a total of $27.50. How many pairs of socks did kia buy?

Answers

27.50-12.50=15
15/2.5=6
Six pairs

Find the value of the expression x(2x+y) when x= 2 and y =5

Answers

Answer:18

Step-by-step explanation:

Replace

2(2x2+5)

Solve in parentheses

2x2+5

4+5

9

Now multiply 9 by 2

2(9)

18

Answer:

18

Step-by-step explanation:

x(2x + y) =

2(2 ⋅ 2 + 5) =

2(4 + 5) =

2(9) =

18

hope this helps :)

6.
3
7
4
8
The area of the figure is 22 sq units.
TRUE
FALSE
arch

Answers

False

Area is 41

Hope this helps!!!

Find the missing side length to the nearest tenth of a millimeter.

Please help I'm so confused

Answers

U gotta use pythagorean theory
So a^2 +b^2 = c^2
C=7 since its the one facing the right angle
5.2^2 + b^2 = c2
27.04 +b^2= 49
Subtract 21.96 from both sides, so ur left with 21.96=b^2
Under the square root and rounded up would equal 4.7
Hope this helps

One year, the population of a city was 354,000. Several years later it was 407,100. Find the percent increase.

Answers

Answer:

15%

Step-by-step explanation:

GIven data

Initial population=  354,000

Final population=407,100

%Error= Final- Initial/initia*100

%Error= 407,100- 354,000/ 354,000*100

%Error= 53100/ 354,000*100

%Error=0.15*100

%Error=15%

Hence the error is 15%

How many squares would have to be shaded so that 2/9 of the shape is shaded?​

Answers

Answer:

4.

Step-by-step explanation:

There are 18 squares, if you want to shade 2/9 you have to make the denominator, which is 9 into 18, so you multiply by 2, you will do the same thing to the numerator, 2x2=4 9x2=18.

Brainiest would be appreciated.

There are 4 squares that would have to be shaded so that 2/9 of the shape is shaded.

What are Arithmetic operations?

Arithmetic operations can also be specified by subtracting, dividing, and multiplying built-in functions. The operator that performs the arithmetic operation is called the arithmetic operator.

We have to determine the number of squares that would have to be shaded so that 2/9 of the shape is shaded

According to the given figure,

There are 3 rows and 6 columns of squares

So the number of squares would be 3 × 6 = 18

There are 18 squares, therefore if you want to shade 2/9, you must first divide the denominator, which is 9 into 18, by 2, and then multiply by 2.

If 2/9 of the shape is shaded: 18 × 2/9 ⇒ 36/9 = 4

Hence, there are 4 squares that would have to be shaded so that 2/9 of the shape is shaded.

Learn more about Arithmetic operations here:

brainly.com/question/25834626

#SPJ2

Maggie is trying to find the best deal to buy bags of potato chips. Option A: $0.90 for 9 bags of chips Option B: $0.84 for 7 bags of chips Option C: $1.50 for 5 bags of chips Which option is the better deal?
A
Option A
B
Option B
C
Option C

Answers

Answer:

The answer is option A. Since you would be paying 0.10 for each bag.

The solution is Option A.

The best deal for Maggie to buy the bag of potato chips would be 9 bags for $ 0.90 because each bag cost $ 0.10

What is an Equation?

Equations are mathematical statements with two algebraic expressions flanking the equals (=) sign on either side.

It demonstrates the equality of the relationship between the expressions printed on the left and right sides.

Coefficients, variables, operators, constants, terms, expressions, and the equal to sign are some of the components of an equation. The "=" sign and terms on both sides must always be present when writing an equation.

Given data ,

Let the cost of each bag be represented as A

Now , the equation will be

a)

$0.90 for 9 bags of chips

The cost of 9 bags = $ 0.90

The cost of 1 bag A = The cost of 9 bags / 9

Substituting the values in the equation , we get

The cost of 1 bag A = 0.90 / 9

On simplifying the equation , we get

The cost of 1 bag A = $ 0.10

b)

$0.84 for 7 bags of chips

The cost of 7 bags = $ 0.84

The cost of 1 bag A = The cost of 7 bags / 7

Substituting the values in the equation , we get

The cost of 1 bag A = 0.84 / 7

On simplifying the equation , we get

The cost of 1 bag A = $ 0.12

c)

$1.50 for 5 bags of chips

The cost of 5 bags = $ 1.50

The cost of 1 bag A = The cost of 5 bags / 5

Substituting the values in the equation , we get

The cost of 1 bag A = 1.50 / 5

On simplifying the equation , we get

The cost of 1 bag A = $ 0.30

Therefore , the 0.10 < 0.12 < 0.30

Hence , the cost of $0.90 for 9 bags of chips is the best deal

To learn more about equations click :

https://brainly.com/question/19297665

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PLEASE HELP FAST 50 POINTS!!

Which relationships describe angles 1 and 2?

A line goes left to right with a ray in the middle creating a right angle and another ray between the right angle with a one labeling the left angle and a two labeling the right angle

Select each correct answer.


supplementary angles

vertical angles

complementary angles

adjacent angles

Answers

Answer:

edit: adjacent angles

Step-by-step explanation:

hope this helps

I don't know how to explain it but please help!

Answers

Answer:

required answer. is 1/x³

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