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Svet_ta [14]
1 year ago
7

A business plan is a document describing the start-up costs and operating expenses of a new business. Please select the best ans

wer from the choices provided T F
Business
1 answer:
givi [52]1 year ago
3 0

A business plan is a document describing the start-up costs and operating expenses of a new business. The statement is False.

<h3>What is a Business plan?</h3>

A business plan is refer to a document that provides information about teh planning of any organization and about the product to be launched in the market. It also includes planning for budget for various activities.

The document describing the startup costs and operating expenses of a new business is written in the financial statement to maintain records, not as Business Plan.

Therefore, the statement is False.

Learn more about the business plan, here:

brainly.com/question/15826604

#SPJ1

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Ending total assets are $1,500,000, inventory turnover is 6.0 times, net sales are $8,000,000 and the asset turnover is 4.0 time
NARA [144]

Answer:

$2,500,000

Explanation:

Data provided

Ending assets = $1,500,000

Inventory turnover = 6.0 times

Net sales = $8,000,000

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Average total assets = $8,000,000 ÷ 4

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Beginning assets  = Total assets - Ending assets

= $4,000,000  - 1,500,000

= $2,500,000

Therefore we applied the above formula

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Prices increase, C

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