Dwayne is seeking financial assistance for his business and needs to include a statement of funding requirements in the business plan. The statement of funding requirement should include all of the following EXCEPT ________
A) term of the loan
B) personal credit history
C) type of funding needed
D) amount of capital needed
E) an exit strategy
B
Explanation: B) If one of the primary purposes of a business plan is to seek outside financing, another component of the financial section is a statement of funding requirements that indicates information such as the amount of capital needed, the type of funding, the loan's terms, and how the funds will be used. Investors will also want to see how you intend to pay them back–the timing, the return on investment, and an exit strategy that you might want to suggest to investors. Since the statement of funding is based on the business, personal credit is not included in this section.
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In Japan, 90-day securities have a 4% annualized return and 180-day securities have a 5% annualized return. In the United States, 90-day securities have a 4% annualized return and 180-day securities have an annualized return of 4.5%. All securities are of equal risk, and Japanese securities are denominated in terms of the Japanese yen. Assuming that interest rate parity holds in all markets, which of the following statements is most CORRECT?
A. The yen-dollar spot exchange rate equals the yen-dollar exchange rate in the 90-day forward market. B. The yen-dollar spot exchange rate equals the yen-dollar exchange rate in the 180-day forward market. C. The yen-dollar exchange rate in the 90-day forward market equals the yen-dollar exchange rate in the 180-day forward market. D. The yen-dollar exchange rate in the 180-day forward market equals the yen-dollar exchange rate in the 90-day spot market. E. The relationship between spot and forward interest rates cannot be inferred.
Which should you consider when house hunting?
A) The selling price B) The neighborhood C) The school district D) All of the above
White-collar crimes generally involve violence
Indicate whether the statement is true or false
In the context of consumer product categories, most people perceive _____ as being so important that they are unwilling to accept substitutes.
A. installations B. convenience products C. accessory equipment D. specialty products