Answer:
The correct answer is "key assumption"
Explanation:
In a business plan, the term key assumption refers to the sum of the plan, workforce, place, time and all the resources that you need to manage your business. Every business plan is filled with assumptions.
The objective is to identify is a project would be profitable or not,
Usually, investors use the key assumptions, before they decide to put in money.
I don’t really know I just need points
Answer:
The opportunity to grow under a famous brand and enjoy the advantages of a larger group of business owners
Explanation:
Opening a franchise is often considered a lower risk for an entrepreneur than setting up a new business because of "The opportunity to grow under a famous brand and enjoy the advantages of a larger group of business owners."
Other benefits to derived include:
1. There is operational support from the franchisor during the lifetime of the business arrangement, which may cover finances, training, accounting, etc.
2. The franchisee's management abilities can be enhanced without extra cost
3. Transactions established on proven and famous brands.
Answer:
$117,600
Explanation:
Given that the company has Cash sales that are normally 60% of total sales and Of the credit sales, 25% are collected in the same month as the sale, 60% are collected during the first month after the sale, and the remaining 15% are collected in the second month after the sale
In June, total sales $370,000
Amount that would not have been collected from this sale at the end of July
= 40% * 15% * $370,000
= $22,200
In July, total sales is $318,000,
Amount that would not have been collected from this sale at the end of July
= 40% *75% * $318,000
= $95,400
Hence the amount of accounts receivable reported on the company’s budgeted balance sheet as of July 31
= $22,200 + $95,400
= $117,600
Answer:
$5,000 will be distributed to preferred stockholders and $45,000 will be distributed among common stockholders.
Explanation:
The accrued dividend on preferred stock based on predetermined rate or amount is known as preferred stock dividend. Preferred stock has priority over common stockholders, It means that dividend will be given to preferred stockholder first.
Preferred stock dividend = 4,000 shares x $25 x 5% = $5,000
Common stock dividend = $50,000 - $5,000 = $45,000
