Which of the following statements is true of the financial statements and reports found in a business plan?
A. The assumptions accompanying the financial statements are not as important as other components of the financials.
B. The financial statements include the balance sheet, cash flow, and expense accounts.
C. The assumptions are simply what you assume will happen in the first year.
D. For all types of business plans, a set of financial reports or projections are the central component of the Appendix.
Answer: D
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Communality is ________
A) the amount of variance a variable shares with all the other variables being considered B) the percentage of the total variance attributed to each factor C) the proportion of variance explained by the common factors D) both A and C are correct
Which of the following is designed to publicly notify people of information they need or want to know?
A) Thank you messages B) Congratulatory messages C) Sympathy messages D) "For-your-information" messages E) Announcements
Butner Inc requires all capital investments to generate an internal rate of return of 14%. The company is considering an investment costing $100,000 that is expected to generate equal, annual cash inflows for ten years. The annual cash inflows are expected to be:
A) $19,171. B) $16,000. C) $38,088. D) $12,800.
Which sentence is correctly punctuated?
A) ?The employee, who previously worked for one of our competitors, will begin her new position on Monday. B) ?Companies, that offer exceptional customer service, often receive the highest ratings from consumers. C) Rebecca Gilles, who recently received recognition for her 30 years of employment, will retire on January 1.