In general, working capital should cover at least
A) all of the start-up costs.
B) three to six months of expenses.
C) renovations and insurance.
D) deposits and inventory.
Correct Answer:
Verified
Q15: Items that the entrepreneur buys and resells
Q16: Computers, cash registers, and copiers would be
Q17: If the entrepreneur pays for the first
Q18: A lease deposit is often
A) $500.
B) $1,000.
C)
Q19: Leasehold improvements are
A) better terms in a
Q21: Money that is borrowed to start a
Q22: The length of time allowed for repaying
Q23: A loan for a delivery van would
Q24: Prime rate
A) is always below 5%.
B) is
Q25: When small businesses borrow money from banks,
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