The real value in preparing a business plan is:

a. In attracting experienced management talent to help grow the business

b. In the creative process the entrepreneur has to go through

c. In identifying viable funding sources while "fleshing out" the business concept

d. None of these

Aggart technologies is considering issuing new common stock and using the proceeds to reduce its outstanding debt. the stock issue would have no effect on total assets, the interest rate taggart pays, ebit, or the tax rate. which of the following is likely to occur if the company goes ahead with the stock issue? a. the roa will decline.b. taxable income will decline.c. the tax bill will increase.d. net income will decrease.e. the times-interest-earned ratio will decrease