The correct answer is c. prepare a "blueprint" for the development of your business
The business plan is best for you as the company owner, not for the state or anyone else. All major companies write business plans for up to 20 years in advance because they have to plan everything.
Expanding your trade credit can increase your sales volume. More time to checkout increases a customer's purchasing power and the number of products they purchase extends trade credit to your customers.
Giving your customers extra time to pay their bills can bring many benefits to your small business. Offering credit to customers is a way to increase sales and provides consumers with payment flexibility. While there are benefits to extending a loan, there are also issues to be aware of.
Generate more sales. The number one reason to consider financing your customers is that it makes your business more attractive to customers. People often want to buy something if they can buy it on credit.
Credit means the right to defer or incur a debt and defer payment of a debt offered or granted primarily for personal, family, or household purposes.
Learn more about credit at
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Answer:
Inflation rate= 0.03 = 3%
Explanation:
Giving the following information:
Nominal interest rate= 0.05
Real interest rate= 0.02
<u>To calculate the inflation rate, we need to use the following formula:</u>
Real interest rate= nominal interest rate - inflation rate
Inflation rate= nominal interest rate - real interest rate
Inflation rate= 0.05 - 0.02
Inflation rate= 0.03 = 3%
Spreadsheets are personal application software that includes a wide range of built-in functions for statistical, financial, logical, database, graphics, and date and time calculations. It is an application or program that is designed for analysis, organization and storing of data in a table form. It functions on data that are entered in the cells of a table where the cells can contain numeric or text values. In this program, you can input equations and relate cells in order to do automatic calculation. It helps in processing a large number of data since you can easily copy and execute functions and equations.
The one illness that could be at an increased risk as what the situation describes is the coronary heart disease. By definition, a coronary heart disease takes place when there is a build-up of plaque inside the arteries. When these build-ups would continue to pile up, it would eventually block the passage of blood thus causing a heart attack.
