Sarita has been having difficulty getting a bank loan to help finance startup costs for her new food truck business. Which of the following can help a bank feel more confident in lending money to support Sarita's new enterprise?
A) Sarita's business model
B) Small Business Administration support
C) urban enterprise zone participation
D) references from family
E) angel investor support
Answer: B
Explanation: B) The Small Business Administration guarantees many small business loans to banks.
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A) $9,300. B) $9,975. C) $9,600. D) $9,900.
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What will be an ideal response?
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A. Technical skills B. Human relations skills C. Conceptual skills D. Design skills E. Business skills
Direct operating margin is:
a. the sum of departmental gross profit and direct operating expenses. b. the difference between departmental gross profit and direct operating expenses. c. the difference between departmental gross profit and indirect operating expenses. d. the difference between departmental gross profit and operating expenses. e. the difference between departmental net income and cost of goods sold.