In the ________ section of a business plan, sales plan, competitive plan, and growth plan are discussed.

A. financials
B. market
C. organization
D. company


Answer: B

Business

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Which of the following is NOT a cost associated with holding inventory?

A) Money tied up in holding inventory is not available for other purposes. B) Inventory generates storage and insurance costs. C) The ability to meet a surge in demand for the goods carried in inventory. D) Items in inventory may become obsolete and unsellable at a profitable price.

Business

Refer to Table 6-1. Using a three-month moving average, the forecast sales for periods 5 and 7

are approximately A) 383 and 418. B) 383 and 448. C) 418 and 448. D) 418 and 473. E) 448 and 473.

Business

Because interest is a tax-deductible expense, the effective cost of debt is less than the stated rate of interest.

Answer the following statement true (T) or false (F)

Business

In the absence of a partnership agreement, income of a partnership will be shared equally by the partners.

Answer the following statement true (T) or false (F)

Business