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The XYZ Company solicited sales potentials and the probabilities of their occurrence from its salespersons.The data they received can be summarized as follows: Based on the data, the expected level of sales for the upcoming period is
Business Plan
A detailed document outlining the goals, strategies, financial forecasts, and operational structures of a business intended to guide its growth and success.
Funds
Financial resources that are allocated for a specific purpose, project, or investment.
Legal Entity
An organization that has legal rights and obligations, including the ability to enter into contracts and own property, separate from its individual members.
Corporation
A legal entity formed by a group of individuals to conduct business or other activities, recognized as separate from its owners with its own rights and liabilities.
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