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Alinara [238K]
2 years ago
7

a. Some entrepreneurs claim that creating a business plan is not necessary for launching a successful business venture. Do you a

gree? Explain
Business
1 answer:
ss7ja [257]2 years ago
5 0

Answer:

In my opinion creating a business plan would make your chances of making a successful business higher since you already know what your doing, it can also help with your thought process and help you consider different aspects of your business. Not having a plan also would lead to all your ideas being in your brain which could make it harder to focus. But many entrepreneurs have started businesses without plans and have succeeded but I think its easier to have a plan.

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A person who can afford a monthly payment of and signs a loan agreement with a monthly payment of is most likely a victim of pre
JulsSmile [24]

Answer:

A. $800; $1100

Explanation:

Predatory lending is an unfair and sometimes illegal practice by lenders of imposing expensive loans to borrowers. In predatory lending, the lender withholds critical information or deceives the customer into signing a loan that they cannot afford to repay. Lender employs dirty and unjust tricks to get the customer sigh for the loans.

If a lender can afford to pay a maximum of $800 per month, advancing them a loan requiring payment of $1100 per month is putting a lot of financial strain on them. It is an example of predatory lending as it imposes an unfair burden on the borrower

4 0
2 years ago
Jane, the CEO of Noble Inc. regularly interacts with her employees to give them all the necessary details about the company goal
Olin [163]

In the scenario, Jane is performing the managerial role of a <u>Disseminator.</u>

<u>Explanation:</u>

3 0
3 years ago
Uncollectible accounts are determined by the​ percent-of-sales method to be 22​% of credit sales. How much is​ uncollectible-acc
dybincka [34]

Answer:

Therefore uncollectibel account expense = 0.22 x 94,000 = $20,680

Explanation:

Uncollectible accounts are determined by the​ percent-of-sales method to be 22​% of credit sales. How much is​ uncollectible-account expense for 2014​?

Uncollectible Accounst will simply be 22% multiplied by the credit sales figure for the year.

Accounts Receivable.....26,000

Allowance for collectible account...1,500

Credit sales for 2014 ...$94,000

Cash Sales for 2014.....28,000

Collection from customers on account...100,000

Therefore uncollectibel account expense = 0.22 x 94,000 = $20,680

6 0
3 years ago
Which type of interest can earn more money over the long term?
guajiro [1.7K]
Compound interest would be the correct answer.
4 0
2 years ago
Alexis received paychecks from both her jobs and she would like to deposit them. One check is for $62.88 and the other is $523.2
baherus [9]
586.10 is how much she would have deposited
4 0
3 years ago
Read 2 more answers
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