Honestly, after taking financial accounting at UF there was nothing that really stood out to me in this chapter. It gave the basic financial information for starting up a business and the money needed to truly make a revenue but nothing was out of the ordinary or something that I felt should be different.
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Again, after taking financial accounting at UF I did not really think anything was confusing in this chapter. Because I have taken an entire class on this type of information I knew what to expect. If I hadn't taken the class I probably would have been confused on the balance sheet information since that confused me most during financial accounting.
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Do you think fixed costs or variable costs are more important, for example, if an entrepreneur could cut back on either which do you think they should allocate more money towards?
How would you create a budget for an app that would be free to download?
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I did not think the author was wrong about anything
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