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Which of the Following Statements Is True Regarding the Profitability

Question 117

Multiple Choice

Which of the following statements is true regarding the profitability of new businesses?


A) It may take several years for a new business to begin showing a profit.
B) Profitability is not an important issue for new businesses.
C) Most new businesses will turn a profit within the first year.
D) If a company does not show a profit within the first year, it will fail.
E) Most new businesses are highly profitable when they first start.

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