ENTREPRENEURIAL PLANNING
BUSINESS PLAN DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Financial information-if you seeking for financing, include any information about your current bank and investors.
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True
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False
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -But if you’re looking for investors for your business, or want to apply for credit, you’ll find that four types of financial statements-the balance sheet, the income statement, the cash flow statement, and the statement of owner’s equity-can be crucial in helping you meet your financing goals.
Detailed explanation-2: -The balance sheet is a statement that shows a company’s financial position at a specific point in time. It provides a snapshot of its assets, liabilities, and owners’ equity.
There is 1 question to complete.