A business plan is important for all of the following reasons EXCEPT: a) A business plan is a selling document that enables a company to present itself to potential suppliers and business partners.

b) A business plan forces a firm's founders to systematically think through each aspect of their new venture.

c) A business plan provides an investor with something to react to.

d) A business plan provides lenders and investors assurance that they will earn a decent return.

PLEASE ANSWER FAST

Paar corporation bought 100 percent of kimmel, inc., on january 1, 2012. on that date, paar’s equipment (10-year life) has a book value of $420,000 but a fair value of $520,000. kimmel has equipment (10-year life) with a book value of $272,000 but a fair value of $400,000. paar uses the equity method to record its investment in kimmel. on december 31, 2014, paar has equipment with a book value of $294,000 but a fair value of $445,200. kimmel has equipment with a book value of $190,400 but a fair value of $357,000. the consolidated balance for the equipment account as of december 31, 2014 is $574,000. what would be the impact on consolidated balance for the equipment account as of december 31, 2014 if the parent had applied the initial value method rather than the equity method? the balance in the consolidated equipment account cannot be determined for the initial value method using the information given. the consolidated equipment account would have a higher reported balance. the consolidated equipment account would have a lower reported balance. no effect: the method the parent uses is for internal reporting purposes only and has no impact on consolidated totals.

Costs of production that do not change when output changes.question 17 options: total revenuefixed incometotal costfixed cost

Identify the three components of a family's culture and provide one example from your own experience