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Soloha48 [4]
3 years ago
6

A survey of entrepreneurs who started companies last year shows that while virtually all did substantial preparatory research an

d planning, only half used that work to produce a formal business plan. Since, on average, the entrepreneurs without formal plans secured the capital they needed in half the time of those with plans, these survey results indicate that, in general, formal plans did not help the entrepreneurs who produced them to secure the capital they needed. Which of the following, if true, most seriously weakens the argument? (A) Companies started by entrepreneurs who had used formal business plans to attract investment were on the whole as profitable in their first year as were companies started by entrepreneurs who had not produced such plans. (B) In surveys of entrepreneurs who have attempted without success to raise sufficient capital, more than half of the respondents indicate that they have produced a formal business plan. (C) Among the entrepreneurs surveyed, those who did not produce formal business plans sought and received a much larger proportion of their capital from investors with whom they had a long-standing business relationship. (D) The entrepreneurs surveyed who did not produce a formal business plan spent nearly as much time doing preparatory research and planning as the entrepreneurs who produced plans. (E) The entrepreneurs who produced business plans generally reported later that the process of writing the plan had increased their confidence that their company would succeed.
Business
1 answer:
Vitek1552 [10]3 years ago
6 0

Answer: From the given comprehension if the following statement is true, will most seriously weakens the argument: <u><em>Among the entrepreneurs surveyed, those who did not produce formal business plans sought and received a much larger proportion of their capital from investors with whom they had a long-standing business relationship.</em></u>

<em>Here it states that, entrepreneurs who were capable of raising funds without thought/design were able to make the capital because of their relation with investors.</em>

<u><em>Therefore, the correct option here is (c).</em></u>

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Smith Company reported pretax book income of $400,000. Included in the computation were favorable temporary differences of $50,0
Hoochie [10]

Answer:

$10,200

Explanation:

The computation of the deferred income tax expense or benefit is shown below:

Favorable temporary difference = $50,000

Less:  Unfavorable temporary difference -$20,000

Net favorable temporary difference $30,000

We assume the tax rate is of 34%

So, the deferred tax expense is

= $30,000 × 34%

= $10,200

By finding out the net favorable temporary difference and then multiplied with the tax rate we can get the deferred tax expense and the same is shown above

3 0
3 years ago
Statement Of Owner's Equity Jay Pembroke started a business in April. Prepare a Statement of Owner's Equity using the following
Dovator [93]

Answer:

$2,433

Explanation:

Net Income = Sales - Expenses

where,

Sales = $3,033

and

Expenses = $600

therefore,

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3 0
3 years ago
On January 1, Concord Corporation had 113000 shares of $10 par value common stock outstanding. On March 17 the company declared
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Answer and Explanation:

The Journal entry is shown below:-

March 17

Stock Dividend Dr, $84,750 (113,000 × 5% × $15)

     To Common Stock Dividend Distributable $56,500 (113000 × 5% × $10)

     To Paid in capital in excess of Par - Common Stock $28,250

(Being stock dividend is recorded)

Here we debited the stock dividend and we credited the Common Stock Dividend Distributable and Paid in capital in excess of Par - Common Stock

6 0
3 years ago
Gene is looking for a loan so that he can buy a car. There are a few different banks where he can apply for a loan. What should
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Answer:

The Answer To This Question is B. a good credit score.

Explanation:

8 0
3 years ago
After Hiroshi’s client informs him that she was denied an apartment lease due to her race, he refers his client to the free lega
8_murik_8 [283]

Answer:

The correct answer is letter "B": Client/Student Advocacy.

Explanation:

The American Counseling Association (ACA) Advocacy Competency describes the set of capabilities counselors can use to help students, clients or individuals of a population in front of cases problematic cases.  

The Client/Student Advocacy refers to the power counselors have to act on behalf of students and clients in cases where the counselor has access to systems or processes students or clients do not. This advocacy is also useful when the clients do not want to engage in advocacy because they are afraid of retaliation.

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3 years ago
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