list the three financial statements that should be included in the financial plans section of a business plan.

Answers

Answer 1

The three financial statements that should be included in the financial plans section of a business plan are the income statement, balance sheet, and cash flow statement.

1. Income Statement: This financial statement summarizes the revenue and expenses of a business over a certain period, usually a year. It helps to show the profitability of the business by subtracting expenses from revenue to calculate the net income.

2. Balance Sheet: The balance sheet is a snapshot of a business's financial position at a specific point in time. It includes assets (what the business owns), liabilities (what the business owes), and equity (the difference between assets and liabilities). The balance sheet provides a clear understanding of the company's financial standing and its ability to meet its obligations.

3. Cash Flow Statement: The cash flow statement shows the cash inflows and outflows of a business over a specific period. It helps to determine the liquidity of the company by showing the cash available to meet its obligations. The cash flow statement is important because a business can have a positive net income on the income statement, but still struggle to pay its bills due to poor cash flow management.

Overall, including these three financial statements in the financial plans section of a business plan will provide a clear understanding of the financial position of the company and its potential for success.

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Related Questions

"a monopolist's demand curve, marginal revenue, and its costs. At the profit-maximizing output level, the monopolist's profit would be"

Answers

Answer:

when the marginal cost equals the marginal revenue.

Explanation:

Given that a monopolistic market is a market in which there is only one producer or supplier of a particular product or service in a given area, and thus has a great influence on the piece and distribution.

Therefore, in this situation, at the profit-maximizing output level, the monopolist's profit would be when the marginal cost equals the marginal revenue.

Which of the following is an advantage of renting over
advantage of renting over buying a home?

Which of the following is an advantage of renting overadvantage of renting over buying a home?

Answers

Answer:

having to make a down payment..

An advantage of renting over buying a home and having to make a down payment. The correct option is D. Financial risks are lower when renting. You are aware of the precise monthly rent payment you will be making.

What is the most significant advantage of renting?

The three biggest advantages of staying a renter, in Ramsey's opinion, are having more flexibility if you decide to move, not having to pay for home maintenance, and not having to spend as much money initially. Additionally, your landlord will handle all necessary repairs, upkeep, and other costs. There is no additional cost.

Renting offers convenience, consistent monthly costs, and maintenance assistance. Along with the concrete advantages of tax deductions and equity, home ownership also offers intangible advantages like a feeling of security and pride in one's possession.

Thus, the ideal selection is option D.

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4.
manager wants to give a pay rise to everyone who is paid less than the average salary.
This table shows the annual salaries of the employees in the company.
Employee
Salary (in £ thousands)
AJ
16
TM
23
WF
23
SW
22
MT
15.5
RD
18.5
JR
20
LS
23
PB
36
Tick all of the employees who are paid less than the median salary.​

Answers

Answer: AJ, MT, RD, Jr

Explanation:

Given the following data :

AJ - 16

TM - 23

WF - 23

SW - 22

MT - 15.5

RD - 18.5

Jr - 20

LS - 23

PB - 36

Median salary can be calculated thus :

Arranging salary in ascending order of Magnitude :

15.5, 16, 18.5, 20, 22, 23, 23, 23, 36 (£ thousand)

Meduan salary is the 5th figure in the arrangement = £22 thousand

Therefore, those earning less than the median salary are:

AJ, MT, RD, Jr

A company issues 7%, 8-year bonds with a par value of $110,000 on January 1 at a price of $118,359, when the market rate of interest was 6%. The bonds pay
Interest semiannually. The amount of each semiannual interest payment is:

Answers

Answer:

Explanation:

a price of $118,359, when the market

Explain the project planning steps​

Answers

Set goals

Prioritize tasks

Create a schedule

Communicate.

What is the standard deduction for marry filing joint for tax year 2017?

Answers

Answer: $12700

Explanation:

Standard deduction refers to the portion of income that's not being subjected to tax which can be used in the reduction of the tax bill. It should be noted that the amount of one's standard deduction will be based on the age, filing status, age, as well as some other criteria.

For taxpayers who don’t itemize, it should be noted that the 2017 standard deduction depends on the filing status and this include:

Single = $6,350

Married Filing Jointly = $12,700

Married Filing Separately = $6,350

Head of Household = $9,350

Qualifying Widow(er) = $12,700

true or false: general guidelines to good cash handling practices include separating cash handling from record keeping

Answers

True. Good cash handling practices include separating cash handling from record keeping, keeping a limited amount of cash on hand, and keeping track of all cash transactions.

Good cash handling practices are important in order to ensure accuracy and accountability when it comes to handling and recording cash transactions. By separating cash handling from record keeping, it helps to ensure that there is a clear distinction between the two tasks and that all cash transactions are accurately documented. Additionally, keeping a limited amount of cash on hand helps to reduce the risk of theft or loss, and keeping track of all cash transactions helps to ensure that all funds are accounted for.

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I am conducting a survey as a project. I need ur help Which one you like 1. Ferrari 2. Lamborghini 3. Mclaren and why?? ( If you couldnt give your choice as an answer, then write it in the comment box below the question )

Pls help

Answers

Answer:

Explanation:

Compared to the McLaren, the Lamborghini has less power, a heavier engine, and less active aerodynamic designs. This allows the Huracán Performante to be an excellent supercar with extreme sounds, feels, and the excitement of a Lamborghini, but in performance the McLaren is superior.

Having just one error on a cover letter may eliminate an applicant from being considered for employment.

Answers

Answer:

i think its true

Explanation:

im sorry if im wrong

Question 6 (2 points)
There should be a specific plan in place for reaching a(n)
company goal.
a
strategy
established
Ob
ос
Od
specific
new

Answers

Answer:

титльишмш дядя оо влево потива

Multiply by the shortcut method: 525 × 1,000,000

Answers

Multiplying by the shortcut method, 525 × 1,000,000 yields 525,000,000 or 525 million (525 x 10⁻⁶).

What is the shortcut multiplication method?

The shortcut multiplication method will not start undertaking the ordinary addition, long multiplication, grid, or drawing lines methods.

Instead, the first number is isolated and multiplied by the first digit of the million value before the 6 zeros are added.

After the multiplication, the product can be written in millions or in scientific notation.

525 × 1,000,000

= 525 x 1

= 525, 000,000 (add the zeros)

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Firms must provide the target audience with reasons to purchase their products or services. These reasons are conveyed through the ______.
message

Answers

Firms must provide the target audience with reasons to purchase their products or services. These reasons are conveyed through the message. This comes under the marketing concept.

What do you mean by the target audience?

A collection of people characterized by particular demographics and behaviors is known as a target audience. Businesses frequently use their knowledge of their target market to develop user personas. Their choices for marketing initiatives are influenced by these characters.

Businesses may promote more effectively when they know who their target customers are and how to reach them.

Reaching out to potential customers directly will ultimately result in more money in your bank account. Therefore, you need to know who will be receiving your message before deciding what it is and how to send it.

Therefore, firms must provide the target audience with reasons to purchase their products or services. These reasons are conveyed through the message. This comes under the marketing concept.

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Being aware of your expectations is an example of a. For introducing mindfulness to young children

Answers

Being aware of one's expectations is to keep them in check and to ensure that they are realistic. This is one of the ways to practice Effective Parenting.

Dangers of Unrealistic Expectations

Some of the dangers of unrealistic expectations are:

Frictionmisunderstandingsfrustrationsdamage to the self-esteem of the kids and stifle healthy mental development of the kids

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Which type of chart or graph shows data with distinct x and y values?
O a bar graph
O a scatter plot
O a line chart
O a pie chart

Answers

Answer:

A. a bar graph is the answer

Mining Companies have a major role to play in facilitating and promoting the culture of equality and therefore eliminating Gender based violence from the workplace and communities that host/ border mining project developments. a) What are some of the reasons that you believe gender based violence has become so prevalent on mining sites and in surrounding communities. (5 marks) b) During the screening phase of an EIA project in Guyana concerns were raised by villagers in the area about "Increased incidences of sexual exploitation of indigenous women and young girls by people who have come into the communities to work for the company."

Answers

Gender-based violence has become prevalent on mining sites and in surrounding communities due to a combination of factors such as male-dominated work environments, social and economic inequalities, lack of awareness and education, limited access to support services, and a culture of impunity.

Gender-based violence on mining sites and in surrounding communities can be attributed to several reasons. Firstly, the mining industry is historically male-dominated, with a significant gender imbalance in the workforce. This power dynamic can perpetuate harmful attitudes and behaviors towards women, leading to increased incidents of violence.

Secondly, mining projects often bring rapid social and economic changes to communities, resulting in unequal power dynamics and social tensions. These changes can disrupt traditional gender roles and exacerbate existing gender inequalities, making women and girls more vulnerable to violence.

Thirdly, the lack of awareness and education about gender issues and violence prevention contributes to the prevalence of gender-based violence. Limited knowledge about consent, healthy relationships, and gender equality can perpetuate harmful norms and behaviors.

Furthermore, the remote locations of many mining sites can limit access to support services and justice systems. This lack of resources and infrastructure can prevent survivors from seeking help and perpetrators from being held accountable, perpetuating a culture of impunity.

Lastly, the overall culture and norms within the mining industry and surrounding communities play a significant role. If there is a lack of commitment from mining companies to prioritize gender equality, enforce policies against violence, and promote a safe and inclusive work environment, it can contribute to the prevalence of gender-based violence.

In conclusion, gender-based violence on mining sites and in surrounding communities is a complex issue influenced by multiple factors. Addressing this problem requires a comprehensive approach that involves creating gender-inclusive work environments, promoting education and awareness, strengthening support services, and holding perpetrators accountable. By actively working towards equality and addressing the root causes of violence, mining companies can play a crucial role in eliminating gender-based violence from their workplaces and the communities they operate in.

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Which of the following are reasons a government would get involved in an economy? Select all that apply.

Which of the following are reasons a government would get involved in an economy? Select all that apply.

Answers

Answer:

All options apply

Explanation:

The government engages in economic activities as a regular and a provider of public goods and services. Public goods and services refer to products available for consumption by all members of society. They are offered by the government and financed through taxes. Public goods and services are offered for free or at a small fee.

Consumption of public goods do not deplete the quantity available for others to consumes. Examples of public goods and services include education, medical care, roads, bridges, policing, national security, and international relations.

The profit and loss system of capitalism helps entrepreneurs determine the
O political impact of the use of resources in the production of a product.
O best human resources but not capital resources to use to produce a product.
best combination of resources to use to produce a product.
O best capital resources but not human resources to use to produce a product?


Answers

Answer:

best combination of resources to use to produce a product.

Explanation:

Capitalism also referred to as free-enterprise system or free market can be defined as a type of economy in which prices, products and services are being determined by the market rather than the government. Thus, capitalism is devoid (free) of government regulations, interference or control because the market (enterprises) are the ones who are saddled with the responsibility of determining the market forces.

Simply stated, a pure capitalism is a type of economy that is completely driven by demand and supply of goods and services.

In a society, the role of an entrepreneur is mainly focused on bringing the four (4) factors of production together and take the risks of producing output, so as to generate revenue through sales and make economic profits in the long-run.

Hence, the profit and loss system of capitalism helps entrepreneurs determine best combination of resources to use to produce a product.

A(n) _____ strategy relies on the promotion of sales, during which prices are temporarily reduced to encourage purchases.

Answers

Low/high pricing. A high/low pricing strategy is an alternative to EDLP that depends on the marketing of sales, during which prices are momentarily lowered to attract purchases.

This is a typical marketing strategy employed by companies to draw clients and boost revenue. There are numerous different ways to do sales promotions, including discounts, coupons, rebates, free samples, competitions, sweepstakes, and loyalty plans. A sales promotion's objective is to convince customers that they need to buy a good or service right away by providing them with a particular discount or incentive. The abbreviation "Everyday Low Prices" is EDLP. Retailers who continuously charge cheap rates for their goods and don't rely on sales or promotions to get customers utilize this pricing approach. Customers will value the consistently cheap pricing and grow devoted to the shop, according to the EDLP theory. Walmart, which made its living by providing everyday low prices, popularized EDLP. The drawback is that, particularly if they are up against other merchants who are employing various pricing techniques, it can be challenging for retailers to maintain low prices on all of their items.

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The above question is incomplete. The complete question is given below-
A(n) _____ strategy relies on the promotion of sales, during which prices are temporarily reduced to encourage purchases.
A. predatory pricing
B. high/low pricing
C. cost-based pricing
D. EDLP
E. competitor-based pricing

Nielsen gathers data on millions of people to help marketers gain __________ to use to create strategic marketing decisions.

Answers

The gathering of data to create strategic marketing decisions is called customer insight.

What is customer insight?

Customer insight is an analysis employed by businesses to know how their audience feel and think about their products and services. Here, a business is able to build deep customer empathy beyond understanding of what they required.

The purpose of customer insight is to increase the effectiveness of a product or services through interpretation of trends.

Hence, Niesen employs customer insight to help marketers gain and create strategic decisions.

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How many months will it take Damián to save up the money for first and last month's rent? Damián's monthly paycheck = $1,300 First and last month's rent = $750 + $750 = $1,500 First month's groceries, cable and internet = $200 + $ 100 = $300 ​

Answers

Answer:

2 months

Explanation:

Damian requires the first and last months rent = $1500

His monthly income is $1,300

The first month's expenses are $300 ( groceries, cable, and internet)

Possible savings from month one = $1000 ($1300 - $300)

To get $1500, Damian will need to save for two months.

Which of the following is NOT an organization to protect consumers?
The American Red Cross
The U.S. Food and Drug Administration
Federal Trade Commission
Better Business Bureau

Answers

Better business bureau

Answer:

It might be D- whic

3. Of the following provisions that might be found in a bond indenture, which would tend to reduce the coupon interest rate on the bond in question?

a
A subordination clause in a debenture.

b
A call provision.

c
A convertible feature.

d
Having relatively few restrictive covenants.

e.
All of the above.

Answers

The bond in question's coupon interest rate would typically be reduced by a convertible feature.

Define the term "convertible feature"?

An asset that can be changed by the shareholder into common stock is known as a convertible, which can be a bond, preference share, or other type of financial instrument. Convertible securities aren't considered to be either debt or equity; rather, they're viewed as a cross between the two groups because they have the cash flow characteristics of both bonds and stocks.

What distinguishes a convertible bond from other bonds?

An investment that may be converted into a predetermined number of shares of common stock is known as a convertible bond. It pays fixed-income interest payments. During the bond's term, the bond can be converted into stock at precise points at the bondholder's option.

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PLEASE HELP ME WITH THIS! Identify the ways of talking during a group discussion that are cooperative or create conflict.
I don’t think I agree.
Could you explain?

Wow! That sounds dumb.

Let's ask what everyone
feels about this.

I understand how you feel,
but I’d like you to consider
a different perspective.

You’re not making any
sense right now.

Answers

Answer:

I understand how you feel,

but I’d like you to consider

a different perspective.

Explanation:

i hope this helps :)

Answer:

Drag each label to the correct category.

Identify the ways of talking during a group discussion as either cooperative or conflict-creating.

I don't understand

what you’re saying.

Could you clarify?

Your perspective is

limited.

So you can't

see the truth.

I understand what

you mean, but let's

ask if everyone feels

the same way.

I am open to your

views, but would

you mind considering

my perspective as well?

What I say is right

because I have proof.

Do you still

want to argue?

Explanation:

How do you start an organization? ​

Answers

For a Profit Organization:

1. Select the best business structure which favors you in taxes and protect. Such as corporation, limited liability company, sole proprietorship, general partnership, limited partnerships or a professional incorporation.

2. Decide the name you want to use to advertise your business.

3. Register company name with the state, county and the federal if applicable.

4. Check licensing requirements with the city county, city, state and federal.

5. Open a bank account

6. Advertising and Marketing

For a Non Profit Organization:

1. There are two types of non profit organizations religious and good cause.

2. It has to be registered wither with the state or county, depending upon the structure and the state you want to incorporate.

3. Apply with the federal to obtain a tax exempt status, so that your donors can claim donations on their tax returns.

4. Open a bank account

5. Delegate duties what you have mentioned in the article you submitted to the Internal Revenue Service.

If a buyer has an almost unlimited selection of products that are very difficult to differentiate between, this represents.

Answers

Consumer choice occurs when a buyer has an almost unlimited selection of products that are very difficult to differentiate between.

What is Consumer Choice

Consumer choice refers to the aspect of microeconomics  that deals with the decisions  consumers make with regard to products and services.

     This involves how consumers decide which products to purchase or consume over time.

Factors affecting Consumer Choice

Psychological FactorsSocial Factors.Cultural factorsPersonal FactorsEconomic Factors

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What is another term for liability?
A. asset
B. notes
C. debt
D. accounts

Answers

Answer:

Another term for liability is debt, because both of these terms are accountable for money charges and assist needed :3

Explanation:

:3

the following information is available for the year ended december 31: beginning raw materials inventory $ 12,600 raw materials purchases 89,200 ending raw materials inventory 12,000 advertising expense 740 the amount of raw materials used in production for the year is: multiple choice

Answers

The amount of raw materials used in production for the year is $90,800.

To calculate the amount of raw materials used in production for the year, we need to subtract the change in raw materials inventory from the sum of beginning raw materials inventory and raw materials purchases.

Beginning raw materials inventory: $12,600

Raw materials purchases: $89,200

Ending raw materials inventory: $12,000

Raw materials used in production = (Beginning raw materials inventory + Raw materials purchases) - Ending raw materials inventory

Raw materials used in production = ($12,600 + $89,200) - $12,000

Raw materials used in production = $102,800 - $12,000

Raw materials used in production = $90,800

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in the production of soybean oil, dried and flaked soybeans are brought into contact with a solvent (often hexane) that extracts the oil and leaves behind the residual solids and a small amount of oil. soybeans contain 18.5 wt% oil and the remainder insoluble solids, and the hexane is fed at a rate of 2.0 kg hexane / kg beans. residual solids leaving the extraction unit contain 35.0 wt% hexane, all of the non-oil solids that entered with the beans, and 1.0 wt% of the oil that entered with the beans. feed rate is 1000 kg/h of dried flaked soybeans.

Answers

In the production of soybean oil, dried and flaked soybeans are processed using a solvent, typically hexane, to extract the oil. The remaining solids and a small amount of oil are left behind.

1. Soybeans contain 18.5 wt% oil and the remainder is insoluble solids. - This means that out of 100 grams of soybeans, 18.5 grams is oil and the remaining 81.5 grams is insoluble solids. 2. The hexane is fed at a rate of 2.0 kg hexane / kg beans.- For every kilogram of soybeans, 2.0 kilograms of hexane are used. 3. The feed rate is 1000 kg/h of dried flaked soybeans.   - The processing unit receives 1000 kilograms of dried flaked soybeans per hour.

4. The residual solids leaving the extraction unit contain 35.0 wt% hexane, all non-oil solids, and 1.0 wt% of the oil that entered with the beans.  - This means that the solids leaving the extraction unit consist of 35.0% hexane, all the non-oil solids that entered with the beans, and 1.0% of the oil that was initially present. In the production of soybean oil, dried and flaked soybeans are treated with hexane to extract the oil. The hexane is fed at a rate of 2.0 kg hexane per kg of beans, and the residual solids leaving the extraction unit contain 35.0% hexane, all non-oil solids, and 1.0% of the original oil. The feed rate is 1000 kg/h of dried flaked soybeans.

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Which of the following activities are entrepreneurs involved in?
A. identifying opportunities
B. arranging the resources required to pursue these opportunities.
C. investing the resources to exploit opportunities.
D. all of the above.

Answers

Answer:D

Explanation:

A entrepreneur own their business so they have to do everything

esther, a manager at a customer service call center, reprimands her subordinates each time they are late to work. thus, esther is using

Answers

Esther, as the manager at a customer service call center, is using negative reinforcement when she reprimands her subordinates each time they are late to work.

What is meant negative reinforcement?

Negative reinforcement is a kind of disciplinary action.

Esther, as a manager at a customer service call center, is using disciplinary action as a form of management technique. Specifically, she is reprimanding her subordinates for being late to work.

Disciplinary action is a way of addressing and correcting employee behavior that does not meet the expectations or standards of the workplace. It is a common approach used by managers to enforce rules and policies, and to hold employees accountable for their actions or performance.

This approach aims to decrease the undesired behavior (tardiness) by applying an aversive stimulus (reprimand) when the behavior occurs.

However, it's important for managers to ensure that disciplinary action is applied consistently, fairly, and in compliance with company policies and applicable laws and regulations.

Effective communication, coaching, and performance feedback are also important aspects of managing employee behavior and performance.

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The weekly amount of petrol used by a real estate agent is Normally distributed with mean 75 litres and standard deviation 12 litres. (a) What is the probability that the amount of petrol used in one week is (i) more than 70 litres (ii) between 70 and 80 litres. How is south african higher education are addressing the student challenges on late registration? The light rays are slowing down/speeding up? as they are moving from the air to the water. choose the substance with the higher entropy per mole at a given temperature, 02(g) at 5 atm or 02 (g) at 0.5 atm Vincent Valley Hospital (VVH) and Health System has a serious problem. A major strategic objective of the health system is to grow its ambulatory care network, but the organization is facing a number of challenges. Although it installed a new billing system and executed various reimbursement maximization strategies, total costs in the system exceed revenue. This overspending exists even though the clinic staff is busy and backlog appointments are increasing. However, analysis of clinic data indicates that an increasing number of patients are canceling or not showing up for their appointments.n addition, a merger of three separate groups created a new group of multi-specialty and primary care physicians. This clinic is aggressively competing with VVH for privately insured patients. It offers same-day clinic appointments and is advertising them heavily.The board of VVH asked the CEO to develop a plan to address these growing concerns. You have been charged with directly working with and reporting to the CEO to help guide the organization to a more positive operating and financial position.As the newly hired consultant, the CEO has requested you present a formal written document addressing the below topics:Frame the original issue for VVH.Provide a summary of a project charter for one of the projects associated with VVHs problems.What are your recommendations for addressing the no-show/cancellation issues? Be specific as possible is your description. Be sure to reference the course materials, in addition to external sources.If VVH decided that it should focus on increasing throughput in the system, how would you recommend doing so? Be specific as possible is your description. Be sure to reference the course materials, in addition to external sources. how does the author use figurative language in paragraph 1? to show why message does not like winter Which of the following film sounds are typically recorded during production?Select one:a. Dialogue.b. Narration.c. Ambient sounds.d. Sound effects Task: Research Neville's method for interpolation and polynomial approximation. The research should cover the following points: 1. A brief history of the method. (1 point) 2. The advantages and disadvantages of the method. (1.5 points) 3. Compare the method with the Lagrange interpolation polynomial. (1.5 points) 4. Let f(x) = 3*, Use Neville's to approximate 3 using the data points Xo = -2, x = -1, x = 0, x3 = 1, and x = 2. (3 points) 5. Find the exact error. Did the method give you a good approximation to 3. (2 points) 6. List of the references written in Harvard style. (1 point) Instructions Two cyclists, 60 miles apart, start riding toward each other at the same time. One cycles 2 times as fast as the other. If they meet 4 hours later, what is the speed (in mi/h) of the faster cyclist companies receive interest revenue after extending the time for repayment of accounts receivable by hich of the following statements about the time period assumption is true? a. adjusting entries would not be necessary if a company's life were not divided into artificial time periods. b. accountants divide the economic life of a business into artificial time periods, but each transaction affects only one of these periods. c. a time period lasting one year is called an interim period. which of the following is MORE COMPLEX A. Organism B. Organ system C. Organelle D. 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Write a letter to a friend, describing the currents around Europe. if there are two other objectives that can be used, having magnifications of 100 and 400, what other total magnifications are possible? which of the following is the best example of scaffolding? group of answer choices miriam helps her 5-year-old son ben make cookies. she measures all of the ingredients out and places them on the counter in small bowls. she reads the recipe aloud while simplifying it as ben places the ingredients in the bowl and mixes them together with a spoon. david helps his son build a model airplane by assembling it while his son watches. howard and anna buy a wii for their 5-year-old daughter rebecca. they allow her to figure out how to turn it on and use the remote. richard buys a do-it-yourself kite kit for his 6-year-old daughter angela and let her read the instructions for herself. the nurse is performing stroke risk screenings at a hospital open house. the nurse has identified four clients who might be at risk for a stroke. which client is likely at the highest risk for a hemorrhagic stroke? the term for inflammation of the inner (lining) of the uterus is