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Question
Novelty Shirts is a manufacturing company needing to expand its production facilities. Which SBA program would be best to acquire real estate valued at $150,000?
a. 7(a) Loan Guaranty
b. Certified Development Company 504 Loan
c. 7(m) Microloan
d. Small Business Innovative Research
Answer
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Related questions
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a. collateral
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d. tangible
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When a stock sale is restricted to private placement, an entrepreneur can avoid many of the demanding requirements of the securities laws.
a. True
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a. 30
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a. True
b. False
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Making funds available to cover losses that cannot be eliminated by risk control
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a. True
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A market is best defined as a geographical area that is of commercial interest to the entrepreneur.
a. True
b. False
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a. True
b. False
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a. True
b. False
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Liability on the part of an owner that extends beyond the owners investment in the business
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a. debt capital.
b. accrued expenses.
c. owners' long-term debt.
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a. money borrowed from others, money invested by the owners
b. accounts receivable, accounts payable
c. accumulated depreciation, asset value
d. net profit, retained earnings
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a. depreciation expense
b. increase in accounts receivable
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d. decrease in accounts payable
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a. marketing plan.
b. statement of cash flows.
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a. 2 years
b. 6 months
c. 1 quarter
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