(there are 5 questions)

question 1: when determining your business’s initial cash needs, you should determine how much money you’ll need to live on for the first your business’s operations?

a): 1 to 3 months

b): 1 to 6 months

c): 6 to 12 months

question 2: one of the biggest dangers of borrowing from people you know is their potential

a): flexibility

b): reneging on the money

c): ulterior motives

question 3: what type of loan uses real estate for security?

a): a point sale

b): a line of credit

c): a second mortgage

question 4: which of the following documents will a bank issue in order to secure a loan with your personal assets?

a): guarantee and safety agreement

b): promissory note

c): 1099 form

question 5: adriana has borrowed $30,000 from her ira in order to fund her startup cost. how long does she have to replace the money without incurring a 10% premature withdrawal fee?

a): 60 days

b): 90 days

c): 120 days

Afinancial institution, the thriftem bank, is in the process of formulating its loan policy for the next quarter. a total of $12 million is allocated for that purpose. being a full-service facility, the bank is obligated to grant loans to different clientele. the following table provides the types of loans, the interest rate charged by the bank, and the possibility of bad debt as estimated from past experience.type of loaninterest rateprobability of bad debtpersonal.140.10car.130.07home.120.03farm.125.05commercial.100.02 bad debts are assumed unrecoverable and hence produce no interest revenue either. competition with other financial institutions in the area requires that the bank allocate at least 40% of the total funds to farm and commercial loans. to assist the housing industry in the region, home loans must equal at least 50% of the personal, car, and home loans. the bank also has a stated policy specifying that the overall ratio for bad debts on all loans may not exceed .04. formulate this problem as a linear program. define your variables clearly and write all the constraints explaining the significance of each.

Consider each of the following cases: case accounting break-even unit price unit variable cost fixed costs depreciation 1 127,400 $ 38 $ 25 $ 711,000 ? 2 124,000 ? 41 2,500,000 $ 900,000 3 5,753 117 ? 171,000 100,000 required: (a) find the depreciation for case 1. (do not round your intermediate calculations.) (b) find the unit price for case 2. (do not round your intermediate calculations.) (c) find the unit variable cost for case 3. (do not round your intermediate calculations.)

Henry crouch's law office has traditionally ordered ink refills 55 units at a time. the firm estimates that carrying cost is 35% of the $11 unit cost and that annual demand is about 240 units per year. the assumptions of the basic eoq model are thought to apply. for what value of ordering cost would its action be optimal? a) for what value of ordering cost would its action be optimal?