Ideally, a Business Plan Should Range from ________ Pages in Length

question 38

Multiple Choice

Ideally, a business plan should range from ________ pages in length.

• A) 10 to 20
• B) 20 to 40
• C) 40 to 75
• D) 75 to 100

---

Definitions:

Acid-Test Ratio

A stringent indicator of whether a firm has enough short-term assets to cover its immediate liabilities without selling inventory.

Current Ratio

A financial metric assessing a firm's capacity to settle short-term debts using its existing assets.

Liquidity Ratios

Liquidity ratios are financial metrics used to assess a company's ability to meet its short-term obligations by comparing its liquid assets to its current liabilities.

Equity Multiplier

A financial ratio that measures a company's total assets financed by shareholders' equity, indicating the level of leverage used by the company.