Sam is planning to open a pool cleaning business from his home. Sam’s business will come with a set-up cost of $9,000 and an annual operational cost of $30,500. Sam anticipates an annual profit of $45,000 for the first year and expects profits to increase by 5.5% annually for the next 5 years.

This is all information Sam should include in the _____ component of his business plan.
a.
organization plan
b.
financial analysis
c.
executive summary
d.
implementation plan

Answers

Answer 1

Answer:

The correct answer is B. Financial analysis.

Step-by-step explanation:

Financial analysis is a specific part of resource analysis, which in practice means an analysis of activities in which finance or money and time play a primary role. The aim of such an analysis is to reveal the strengths and weaknesses of the company, to determine its performance and to evaluate the information obtained so that the financial analysis becomes one of the tools used to manage the company.

Answer 2

Answer:

B.

Step-by-step explanation:


Related Questions

You put $500 in a savings account. The account earns $20 simple interest in 6 months. What is the annual interest rate? Write your answer as a percent

Answers

Answer:

8%

Step-by-step explanation:

For simple interest, we use the equation I = PRT, where I is the interest earned, P is the principal/amount invested, R is the rate as a decimal, not percentage, and T is the time in years.

For this problem, we have to use 0.5 for T, because 6 months is 1/2 a year.

20 = (500)(r)(0.5)

20 = 250r

r = 0.08 = 8%

Which one, please?!
Quickly!

Answers

Answer:

c) FJ and GH

Step-by-step explanation:

A set of perpendicular lines form 90 degrees. We can see a 90 degree “square” in the image formed by FJ and GH.
So the answer is choice C) FJ and GH