In the components of a business plan, the section which contains a detailed description of the company, the problem/opportunity, proposed solution to be offered, and your competitive advantage is "Financial Projections section"
<h3>
What is Financial Projections?</h3>
Financial predictions forecast your company's future revenues and expenses using existing and estimated financial data.
They frequently contain many scenarios so you may see how adjustments to one part of your finances (for example, increased sales or reduced operational expenses) may affect your profitability.
Financial predictions are an important tool for business planning for a variety of reasons.
- Financial predictions assist you in setting your beginning budget, determine when you may anticipate the business to be become profitable, or set benchmarks for meeting financial goals if you're starting a business.
- If you currently have a firm, making annual financial projections can assist you in setting goals and keep on target.
- Both startups and current firms will require financial estimates when seeking outside finance to convince investors and lenders of the business's development potential.
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Answer:
the current value fo $1,000 is $1,011.22
Explanation:
The computation of the current value of $1,000 is shown below:
Current value
= Price × (Current CPI ÷ Reference CPI) × 100
= $1,000 × (205.47 ÷ 203.19)
= $1,011.22
We basically applied the above formula so that the current value would come
Hence, the current value fo $1,000 is $1,011.22
In a command economy, the <u>government</u> either makes most economic decisions itself or at least strongly influences how the decisions are made. group of answer choices.
Economic decisions involve production, distribution, exchange, consumption, saving, and investment of economic resources. Private and Public Goals. Economic decisions are made to serve the goals of individuals and private organizations (private goals) and society as a whole (public goals).
In reality, economics is a vitally important subject because it is the study of making choices. More specifically, it is the study and practice of making choices in a world of limited resources (scarcity). You cannot go for a day without making economic decisions.
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Answer:
A. True
Explanation:
Since Chase wants a long term fund that doesn't require a interest, it can be advisable that Chase uses the company's retained earnings.
Retained earnings (RE) is the amount of net income left over for the business after it has paid out dividends to its shareholders. A business generates earnings that can be positive (profits) or negative (losses).
Answer:
A. Included in GDP under government expenditures
B. Not included in GDP
C. Included in GDP under consumption expenditures
Explanation:
Gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year.
Gross domestic product can be calculated using the expenditure approach:
GDP = Consumption spending on both durable and non durable goods and services + business spending on cqpital goods + Government Spending on public goods and services + Net Export
Items not included in the calculation of GDP are :
1. Transfer payments
2. Illegal activities
3. Purchase of shares
4. Intermediate goods
I hope my answer helps you
