1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Svet_ta [14]
2 years 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]2 years 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

You might be interested in
The supply of "cash" (paper and coin) is produced by the U.S. Mint and the Bureau of Engraving, but the _________________ contro
maksim [4K]

Answer:

Federal Reserve

Explanation:

The Federal Reserve (FED) distributes new currency through its 12 Federal Reserve Banks. Depository institutions (e.g. savings bank, commercial bank, savings and loan association, or credit union) buy currency from the Federal Reserve Banks when they need extra cash and they deposit cash when they have too much cash.

8 0
4 years ago
Read 2 more answers
B. What the impact on XYZ's accounting equation in Maywhen it recorded the transaction as a debit to consultant expense for $10,
JulijaS [17]

Answer:

The above entry would decrease stockholders' equity by $10,000 and increase the liabilities by $10,000.

Explanation:

Consultation expense is an expense and when the expense gets debited, it refers to expense being incurred which in turn decreases stockholders' equity. Accounts payable is a liability and crediting accounts payable increases the liability.

4 0
3 years ago
A survey is a study in which
Tcecarenko [31]
A survey is a study in which people in a sample are all asked the same questions. A survey is either done by flyer, email, or phone survey that will ask a sample group of people different questions. The survey allows for respondents to answer questions regarding their experience or thoughts on something. A company can gain a lot of insight because they are able to compare answers to the questions. 
3 0
3 years ago
Driscoll Company is considering investing in a new project. The project will need an initial investment of $2,400,000 and will g
leva [86]

Answer:

IRR= 23.375%

Explanation:

Given: Cash flow= $1,200,000

           Initial investment= $2400000

Lets first compute IRR for Project, assuming rate of return at 23.375% or 0.233.

Formula: NPV= \frac{cash\ flow}{(1+r)^{n} } -initital\ investment

NPV= \frac{\$ 1,200,000}{(1+0.23375)^{1} }+\frac{\$ 1,200,000}{(1+0.23375)^{2}}+\frac{\$ 1,200,000}{(1+0.23375)^{3}} -\$ 2400000

NPV has to be equal to zero to know if IRR is correct to find if project worth enough to invest.

⇒NPV= \frac{\$ 1,200,000}{1.23375 }+\frac{\$ 1,200,000}{1.5221}+\frac{\$ 1,200,000}{1.8779390} -\$ 2400000

⇒NPV= 972644.37+788364.23+638998.36 -\$ 2400000

⇒ NPV= \$ 2400000  -\$ 2400000

∴ NPV= 0

Hence, 23.375% is the IRR for the project.

6 0
4 years ago
Refries Refrigerator Company manufactures ice-makers for installation in refrigerators. The costs per unit for 20,000 units of i
Elis [28]

Answer:

c. $600,000 vs. $528,000.

Explanation:

The computation of the relevant cost of make & buy is given below:

Total relevant cost of making the product is

= (cost per unit - unavoidable fixed cost per unit ) × 20,000 units

= ($34 - $4 ) × 20,000 units

= $600,000.

And, Total relevant cost of buying is

= (cost of buy per unit × 20,000 units ) - Contribution sale of water filtration = ( $28 × 20,000 units ) - ($80,000 - 60% of $80,000)

= $528,000

hence, the option c is correct

4 0
3 years ago
Other questions:
  • Y-1=5x2-25+3<br><img src="https://tex.z-dn.net/?f=y%20-%201%20%3D5x%20%5E%7B2%7D%20%20-%2025x%20%2B%203" id="TexFormula1" title=
    9·1 answer
  • Other things equal, if the national incomes of the major trading partners of the United States were to rise, the U.S. Question 3
    7·1 answer
  • Use the following information to determine the break-even point in sales dollars: Unit sales 50,000 Units Dollar sales $ 500,000
    14·1 answer
  • The following is a news item reported by Reuters: WASHINGTON, Jan 29 (Reuters)—Crossfire Medical Group, a maker of reconstructiv
    7·1 answer
  • Retained earnings:
    13·1 answer
  • According to the TREC promulgated Seller's Temporary Lease, how long does the landlord have to itemize and provide to the tenant
    13·1 answer
  • Ellen is employed by Software​ Inc., a software company located in the Silicon Valley of​ California, as a software manager. Her
    11·1 answer
  • Question Workspace Check My Work You have savings of $100. You plan to save another $100 at the beginning of each year for 5 yea
    14·1 answer
  • PLZ HELP!!!! what is a benefit of job shadowing?
    14·2 answers
  • In 2013, how much money did Tesla raise via common stock offerings, net of fees and expenses?a) $515.6 millionb) $410.1 millionc
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!