What is the burn rate? Why is it important?
What will be an ideal response?
The burn rate is the pace at which a company must spend capital before generating positive cash flow. It is expressed in terms of cash spent per month. It is important because it indicates how long a company can afford to lose money.
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Define brand variants
What will be an ideal response?
What does an entrepreneur need to be aware of before entering a foreign market?
What will be an ideal response?
Plunge implementation is a set of policies, procedures, standards, processes, practices, tools, techniques, and tasks that people apply to technical and management challenges.
Answer the following statement true (T) or false (F)
Balsam Corporation is concerned about their current bad debt ratio of 9%. The CFO believes imposing a more stringent credit policy may reduce sales by 8% and reduce the bad debt ratio to 6%. If the cost of goods sold is 85% of the selling price, determine if the new policy should be undertaken.
A) Do not undertake; decrease of 34% in profits B) Undertake; increase of 38% in profits C) Do not undertake; decrease of 36% in profits D) Undertake; i