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Some of the policies decided by the proprietor are:
1) Time of operating the business
2) Promotion through advertising or special offers
3) Dealing with suppliers and customers
4) Bank transactions
5) Whether to open other branches or remain in one premise
6) Future planning
Sole Proprietorship Definition - A sole proprietorship or sole tradership is the oldest and simplest form of business. It is that type of business organization where one person
Growth rate : The average of PC manufacturing industry growth rate was 22.24% for 2004, 20% for 2005, and 17.29% for 2006. It showed that the industry's growth rate has been declin
Example of Quantity Discounts Consider illustration one and suppose that a quantity discount of 5 percent is given whether a minimum 200 units is ordered. Required Fin
$1,000 of insurance had not been used up by January 31. $325 of insurance had been used up in January
Investment Analysis Any type of company will invest finance for the sake of deriving a return that is useful for four main purposes as: 1. To reward the owners or shareholder
Proforma Balance Sheet This refers to the projected balance sheet at the finish of forecasting period. The items in the proforma balance that vary with sales would be determi
the objectives ?
Bob and Jackie came to your bank seeking an FHA mortgage. They want to know how large a mortgage they would be qualified for and what the terms would be. Bob is a pastry chef (
Role of Stock Exchange in Economic Development The Roles of Stock Exchange in Economic Development are as follow: 1. Raising Capital for Businesses The Stock Exchange
Internal finance can avoid the agency costs of debt and equity finance. In practice it is the most important source of funding. (a) Discuss potential problems of internal finan
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