What is the estimated life-cycle operating income for the first two years?

A) $3,360,000
B) $281,000
C) $190,500
D) $90,500

Answer: B

Business

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Indicate whether the statement is true or false

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Funding a new business with credit cards or a personal line of credit ________

A) is the least expensive form of financing B) is subject to a lot of bureaucratic procedures C) involves minimum amount of risk D) is used by very few entrepreneurs E) is a widely available form of financing

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