Answer:
Business plan necessary because:
•It make you aware of your strength or weakness.
•It also creates an effective strategy for growth.
•It helps to determine your future financial needs.
•It also helps to gain a deep understanding of your market.
Answer: Option C
Explanation: The given question relates to the concept of time value of money which in simple words states that the value of money decreases over time. The value of a dollar today will be less than tomorrow.
Hence if a card holder gets grace period to pay the interest before the interest accrues than it means he actually gets to pay lower interest that he could have paid before.
Hence from the above we can conclude that the correct option is C.
Answer and Explanation:
The computation of the asset turnover for all three companies is as follows:
<u>Particulars YRC UNP CH
</u>
Sales 4697500 19941000 13144413
Divided by
Average
total assets 1824700 55159000 3436058
Assets turnover 2.6 0.4 3.8
the answer to this is true
