Which of the Following Holds True for the Small Business

question 87

Multiple Choice

Which of the following holds true for the Small Business Adminstration?

• A)The SBA actually loans money to small business and is a bank.
• B)A 504 Loan Program requires a 25 percent minimum down payment.
• C)The SBA does not guarantee small business loans.
• D)The SBA requires that you create your business plan or loan proposal prior to applying for an SBA guaranteed loan.

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Definitions:

Return on Investment (ROI)

A measure of the profitability of an investment, expressed as a percentage of the initial amount invested.

Division's

Relates to a separate part of a larger organization, typically responsible for a specific operation or function.

Residual Income

Income that remains after all costs of capital have been deducted from net operating income, a measure of profitability.

Division

A distinct part of a larger company that operates semi-independently, typically focusing on a particular product line or market sector.