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Author Question: According to the textbook, the ________ are the heart of the financial section of a business plan. ... (Read 209 times)

LCritchfi

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on: Jul 6, 2018
According to the textbook, the ________ are the heart of the financial section of a business plan.
 
  A) financial ratios
  B) pro forma financial statements
  C) budgets
  D) sources and uses of funds statements
  E) break-even analyses

Question 2

Chris Smith owns a store that sells all-terrain vehicles (ATVs).
 
  In the past, Chris just sold one version of each of the ATVs he sold in his showroom, but to increase sales, Chris now sells a low-end, a medium-priced, and a high-end version of each of the ATVs he sells. Chris's new strategy is called a(n) ________ strategy.
  A) improving an existing product or service
  B) market penetration
  C) product line extension
  D) geographic expansion
  E) joint venture


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jordangronback

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Reply #1 on: Jul 6, 2018
Answer to Question 1

B

Answer to Question 2

C


LCritchfi

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Reply 2 on: Jul 6, 2018
Excellent

recede

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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