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  • Apply the knowledge acquired from this lecture and start writing your business plan which is Mixed farming  on the following: 
  • Venture’s identity
  • Motivation for starting the venture
  • Mission statement
  • Merchandize
  • Management
  • Market (incl. market research findings)

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Related questions

a company's mission statement typically addresses which of the following questions?

Can someone please answer this? The directions are in the photo

Cherokee Incorporated is a merchandiser that provided the following information:
 
                                                                   Amount
Number of units sold                                      $ 11,000 
Selling price per unit                                      $ 17 
Variable selling expense per unit                     $ 1 
Variable administrative expense per unit          $ 2 
Total fixed selling expense                               $ 21,000 
Total fixed administrative expense                    $ 13,000 
Beginning merchandise inventory                     $ 11,000 
Ending merchandise inventory                          $ 23,000 
Merchandise purchases                                    $ 87,000
 
Required:
1. Prepare a traditional income statement.
2. Preparé a contribution format income statement.
 
Complete this question by entering your answers in the tabs below.
 
Prepare a traditional income statement
Cherokee, Incorporated
 Traditional Income Statement
     
     
     
 Selling and administrative expenses    
     
     
     
     
     
 
 
 
Which of the following is an advantage of the corporate form of​ business?
 
A) separation of ownership and management.
B) low​ start-up costs.
C) limited liability of stockholders.
D) less degree of government regulation.

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