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Strike441 [17]
3 years ago
13

Frederick is about to start a small manufacturing business soon. He has asked some of his friends, who are entrepreneurs, for ad

vice. They have told Frederick that he needs to have a business plan in place. Frederick wants to know why a business plan is so important. Which of the following statements would be true?
A. A business plan will help Frederick attract and persuade investors.
B. A business plan will help Frederick guarantee profits in the future.
C. A business plan will help Frederick trick potential customers.
D. A business plan will help Frederick choose the type of product his business should manufacture.
Business
2 answers:
NemiM [27]3 years ago
7 0

A business plan will help Frederick attract and persuade investors.  A business plan is primarly used to explain the business to potential stakeholders like investors.

adell [148]3 years ago
7 0

Correct answer is Option A, A Business Plan will help Frederick attract and persuade investors.

Frederick is an entrepreneur. He is starting a new business. Many of his friends are entrepreneurs. He asked them for the advice. They told Frederick that he needs to have a business plan. Frederick wants to know why business plan is so important. So the importance of business plan is inevitable. Your business plan determines the future of your business. If your business plan is influential, it will attract investors. Investors will see the potential in your business through your business plan and they will want to invest in your business. So a business plan is very much important while starting a business.

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You are a cook at a restaurant. you are required to conduct a food inventory at the end of every week. you notice that there are
KonstantinChe [14]

Answer: 150

By inventory, we mean a complete list of items at the end of a business day. In the case of a cook who is required to <span>conduct a food inventory at the end of every week, inventory should include the 25 steaks in the front refrigerator and the 125 in the back freezer. The 18  marinated for tonight's dinner should not be included  because it will be consumed that night.  The inventory of steaks therefore is 25+125=150.</span>

8 0
2 years ago
The following transactions were made by Ruby Inc. last year:
Juliette [100K]

Answer:

OPtion (C) is correct.

Explanation:

Given that,

Issuance of common stock = $100,000

Dividends paid to the company's stockholders = $2,000

Depreciation expense = $6,000

Repayment of principal on bonds = $40,000

Proceeds from the sale of the company's used equipment = $39,000

Purchase of land = $230,000

Cash flow from financing activities:

= Issuance of common stock - Dividends paid to the common stockholders - Repayment of principal on the company's own bonds

=  $100,000 - $2,000 - $40,000

= $58,000

Therefore, the net cash inflow from financing activities is $58,000.

8 0
3 years ago
Agent Higgins helps Mrs. O'Malley to enroll in AB Medicare Advantage (MA) plan during the Annual Open Enrollment Period. Mrs. O'
Neko [114]

Answer:

Since Mrs. O'Malley disenrolled form the plan because she was moving away to a location that was not served by the company, Agent Higgins compensation should not be affected.

If Mrs. O'Malley (or any other client) leaves the plan before the 3 month period because she decides to go back to her former provider since she doesn't like this plan (for whatever personal reason), then the company would be able to recoup Agent Higgins's compensation.

4 0
3 years ago
What rule is important to remember when evaluating risk and return? The higher the risk, the higher the potential return. The hi
andrew-mc [135]

Answer: The higher the risk, the higher the return.

Returns from an investment refers to the gains or losses over a specified period, and is quoted as percentage.  

Risk refers to the possibility or the chance that the actual return that is earned is greater than or less than the return expected by the investor. Thus, uncertainty is another name for risk.  

If the returns from an investment are certain, the risk involved is low. When risk is low, the returns are also low. For e.g. the return from a T-bill is low because the risk of default is zero, since the government can print money to fund its debt.  

The higher the level of risk involved, the greater the potential for a higher return.  

5 0
3 years ago
Read 2 more answers
For an investment in a stock, the probability of the return being –10.0% is 0.3, 10.0% is 0.4, and 30.0% is 0.3. given the proba
Nataliya [291]
The expected return will be given by:
E(R)=Total sum of the expected return
E(R)=-0.1*0.3+0.1*0.4+0.3*0.3
E(R)=-0.03+0.04+0.09
E(R)=0.1=10%

We therefore conclude that the expected return is 10%
4 0
3 years ago
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