When Estimating Sales Revenue and Operating Expenses for a New

Multiple Choice

When estimating sales revenue and operating expenses for a new business venture, it is important to keep in mind that __________.

A) sales will likely build slowly at first
B) the cost of generating sales will be higher at first
C) fixed costs will decrease as volume builds due to the learning curve
D) sales will likely build slowly at first and the cost of generating sales will be higher at first
E) All of the answers are correct.