A business plan may be defined as a description not a proposed company that explains how it expects to achieve its marketing, financial, and operational goals.
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What is a business plan?</h3>
A business plan outlines a company's goals and how it intends to reach them in great detail. A written road map for the company's marketing, financial, and operational goals is provided in a business plan. Business plans are used by both new businesses and established ones.
An essential document aimed at both internal and external audiences is a business plan. For instance, before a business has developed a track record that can be relied upon, a business plan is used to entice investment. Obtaining loans from financial institutions can also be aided by it.
A business plan can also keep the executive team of a company focused on achieving set objectives and on the same page about strategic action items.
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Answer:
B. the difference in price and long-run average cost multiplied by the quantity produced.
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<em>Note, The complete exercise was found due to a online research. </em>
Explanation:
Take a look to the image attached. Will help you to understand the exercise.
Answer:
Net income $1,265
Explanation:
The computation of the net income or net loss is shown below:
Revenues
Cash revenues $2,900
Credit revenue $2,050
Total revenues (a) $4,950
Less:
Expenses :
Rent ($1,275)
Telephone ($280)
Salaries ($1,750)
Office cleaning service ($380)
Total expenses (b) ($3,685)
Net income $1,265 (a - b)
The answer to your question would be $4,500.
Real Estate Investment Trusts or REIT sometimes referred to as the "mutual funds" of the real estate business, were created in 1960 as an aspect of the federal tax law to encourage small investors to combine their resources with the resources of others so the companies could, together, raise venture capital for real estate transactions.