When comparing/analyzing CMA, these are the factors that would be NOT be taken into consideration:
a. Similar size properties sold in the neighborhood
b. Date of sale
c. Age of the property
d. Accrued Depreciation
Answer: d. Accrued Depreciation
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Savvy Styles, your salon business, is starting to turn a solid profit. Since you have been operating out of a shared space, you decide it is time to move to a larger salon space of your own and purchase some new chairs and equipment. You get a small business loan from your local bank. Now you should plan to:
A. Write the bank a thank you note and put a positive review on Yelp B. Pay the minimum payment on the loan to the bank each month C. Repay the loan, including interest, over a predetermined amount of time
A company may have multiple business plans for its product portfolio
Indicate whether the statement is true or false