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slamgirl [31]
3 years ago
15

In order to finance The Shortbread Shack, a mobile bakery business that services several large Silicon Valley companies, Marcy d

emonstrated her steadfast desire to get her bakery off the ground by visiting several bankers with _____________.
Business
1 answer:
vaieri [72.5K]3 years ago
4 0

Answer:

her business plan document

Explanation:

A crucial criteria to receive funding from banks is to have a detailed business plan document.

This document would explain Mercy' mobile bakery business:

1. financial needs and viability,

2. marketing strategy,

3. Competitor analysis,

4. Service process etc

The bank has the responsibility of analysing this document and then making a decision whether to grant her funds.

You might be interested in
Consumption spending is $4.5 billion, gross private domestic investment is $3 billion, and government expenditures are $2 billio
masha68 [24]

Answer:

exports are $15 billion, and imports are $10.5 billion

Explanation:

GDP is the sum of all final goods and services produced in an economy within a given period which is usually a year.

GDP = Consumption + Investment spending + Government Spending + Net Export

14 billion = 4.5 billion + $3 billion + $2 billion + Net Export

Net Export = $4.5 billion

Net Export = export - import

Net Export is positive so it indicates that exports is greater than imports.

Going through the options, it is only option d that is equal to 4.5 and the export is greater than the import.

I hope my answer helps you

7 0
3 years ago
If your risk-aversion coefficient is A = 4.4 and you believe that the entire 1926–2015 period is representative of future expect
tamaranim1 [39]

Answer:

=> fraction of the portfolio that should be allocated to T-bills = 0.4482 = 44.82%.

=> fraction to equity = 0.5518 = 55.18%.

Explanation:

So, in this question or problem we are given the following parameters or data or information which are; that the utility function is U = E(r) – 0.5 × Aσ2 and the risk-aversion coefficient is A = 4.4.

The fraction of the portfolio that should be allocated to T-bills and its equivalent fraction to equity can be calculated by using the formula below;

The first step is to determine or Calculate the value of fraction to equity.

Hence, the fraction to equity = risk premium/(market standard deviation)^2 - risk aversion.

= 8.10% ÷ [(20.48%)^2 × 3.5 = 0.5518.

Therefore, the value for fraction of the portfolio that should be allocated to T-bills = 1 - fraction to equity = 1 - 0.5518 =0.4482 .

8 0
3 years ago
A debit card is also known as a _____. A. smart card B. cash card C. credit card D. check card
Vikentia [17]

Answer:

Check card

Explanation:

7 0
3 years ago
Read 2 more answers
Is a liability that represents the amount the company owes to others as a result of issuing a promissory note.
solong [7]

A note payable is a financial document considered a liability that represents that it records that the company that signs it has the obligation to pay on the specific date.

<h3>What is a note payable?</h3>

It is a document that commits its issuer (the company) to pay a certain amount, within a specific period.

Its characteristic is the exchange action, which refers to the document being returned to the subscriber in exchange for payment.

Therefore, we can conclude that a note payable is a financial document considered a liability that represents that it records that the company that signs it has the obligation to pay on the specific date.

Learn more about a note payable here: brainly.com/question/25738368

4 0
2 years ago
A manufacturing company budgeted for $1,240,000 in manufacturing overhead and expected 400,000 direct labor hours. Actual overhe
valina [46]

Answer:

a. Under applied by $9,000

Explanation:

Budgeted overheads = $1,240,000

Budgeted overheads = 400,000

Budgeted rate per hour = $1,240,000/400,000 = $3.10

Actual overhead = $1,200,000

Actual Hours = 390,000

Actual Rate per hour = $3.077

budgeted overhead for actual hours = 390,000 \times $3.10 = $1,209,000

Thus, overheads under applied = Standard - Actual = $1,209,000 - $1,200,000 = $9,000

Since actual overheads are less than budgeted it is under applied in case it was more than budgeted then i would be over applied.

Final Answer

a. Under applied by $9,000

8 0
3 years ago
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