1.) Short-term lenders: Will be most interested in the firm's ability to repay debt so they would
be interested in the liquidity ratios. Long term lenders: Will be most interested in, debt to total
assets but also in Liquidity ratios, current ratio and qu
Remember, most lenders and investors insist that you
submit current financial statements that have been
prepared by an independent CPA.
Startup and Operating Needs
[How much money do you have, and what is the actual amount of money you need
According to the Teens and Technology 2013 article by Cortesi et al., 78% of teens have a cell
phone (Cortesi et al., 2013). This is a 23% increase since 2011. As our world becomes more
involved with advance technology, the
Test 2 Name
1. Which of the following is a retailer credit card?
2. The basic types of credit cards include all of the
entertainment credit cards.
retailer credit cards.
1. The three primary rewards or incentives for entrepreneurs are
a. independence, personal fulfillment, and profit.
b. love of country, independence, and freedom from long hours.
c. preserving the capitalistic system, an easy life, and finan
Business Plan Outline
Executive Summary or Statement of Purpose
This summary should entice the lending institution to read the entire plan. It should
include your business plan objectives. This summary should not be more than one or