CBSE BoardEnglish MediumSTD 12 CommerceEntrepreneurshipEntrepreneurial Planning3 Marks
Question
Explain ‘Financial Profile’ as a feature of feasibility plan.
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Answer
Financial profile gives an exact assessment of the revenue, costs, profits and losses, cash-flow dynamics, stock of both raw materials and finished products, loans etc. Critical assessment of the finances and its dynamics help in the holistic assessment of the enterprise.
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