Concerning How Much Cash to Have at Startup, One Rule

question 137

True/False

Concerning how much cash to have at startup, one rule of thumb is to have enough to cover operating expenses (less depreciation)for two inventory turnover periods.

---

Definitions:

Conflict Resolution

The process of resolving a dispute or disagreement between parties in a constructive and peaceful manner.

Conflict Process

The series of stages that a conflict undergoes from its inception to resolution, including potential escalation and the means of addressing it.

Damage

Harm or injury that reduces the value or functionality of something.

Communication Channels

The means or mediums through which information is transmitted from one entity or person to another.