What should the first few sentences of the executive summary of the business plan show?
a. Your five year financial projections
b. The vision of what you wish to create and the market position you wish to achieve
c. The ideal investment amount being requested
d. The venture’s go-to-market strategy
b. The vision of what you wish to create and the market position you wish to achieve
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It is said that goods, services, and ideas are marketed. Define goods, services, and ideas and give at least one example of each.
What will be an ideal response?
Considering Michael Porter's five factors that determine the nature and degree of competition in an industry, we can say that the fast-food hamburger industry is characterized by
A. intense rivalry. B. strong suppliers. C. strong buyers. D. ease of entry into the industry.
Approximately how many EB-1 visas are issued each year?
A) fewer than 50,000 B) 75,000 C) 83,000 D) more than 125,000
The following information is from the 2017 records of Lane Bicycle Shop
Accounts receivable, December 31, 2017 $40,000 (debit) Allowance for Bad Debts, December 31, 2017 prior to adjustment 1,900 (debit) Net credit sales for 2017 177,000 Accounts written off as uncollectible during 2017 18,000 Cash sales during 2017 27,000 Bad debts expense is estimated by the aging-of-receivables method. Management estimates that $5,000 of accounts receivable will be uncollectible. Calculate the ending balance of Allowance for Bad Debts, after the adjustment for bad debts expense, at December 31, 2017. A) $5,310 B) $8,800 C) $9,000 D) $5,000