Ask Question
BusinessBusiness
10 February, 18:30

Julia started a cake decorating business last year. Unfortunately it failed quickly. She is convinced that she lacked the necessary funds to promote her business and get it off the ground What did Julia experience? A) inadequate financial control B) undervalued inventory C) undercapitalization D) a cash flow issue

+4
Answers (1)
  1. 10 February, 18:50
    0
    C) undercapitalization

    Explanation:

    Clearly, Julia's cake business was undercapitalized, since she failed in the bare start. The undercapitalization issue is often associated with financial beginnings, when having the right sources of capital is crucial. Startups face significant initial costs and therefore need secure capital to cover them.

    A cash flow issue is more common with businesses that are already up and running, but face challenges regarding paying debtors.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Julia started a cake decorating business last year. Unfortunately it failed quickly. She is convinced that she lacked the necessary funds ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
A manufacturing company has a beginning finished goods inventory of $16,500, raw material purchases of $19,900, cost of goods manufactured of $36,300, and an ending finished goods inventory of $19,700.
Answers (1)
2. "Because corporations do not actually raise any funds in secondary markets, secondary markets are less important to the economy than primary markets." Do you agree with this argument? Why, or why not?
Answers (1)
A technician wants to boot from an esata external hard drive. which submenu item is used?
Answers (1)
A brokerage firm which provides analyst reports, investment advice, and information as well as online brokerage services is called a (n) : a) premium discount broker. b) full-service broker. c) basic discount broker. d) electronic broker.
Answers (1)
Business ethics: Results in a set of correct decisions made by a company Refers to a standard of business conduct Can improve business decisions Refers to a standard of business conduct and can improve business decisions Results in a set of correct
Answers (1)
New Questions in Business
On January 2, year 2, Air, Inc. agreed to pay its former president $300,000 under a deferred compensation arrangement. Air should have recorded this expense in year 1 but did not do so.
Answers (1)
A home improvement firm has quoted a price of? $9,800 to fix up? eric's backyard. five years? ago, eric put? $7,500 into a home improvement account that has earned an average of? 5.25% per year.
Answers (1)
A budget surplus a. exists when government spending is greater than tax revenues. b. causes government debt to increase. c. occurs when the government has debt equal to zero. d. reduces the government's debt.
Answers (1)
Monique was looking for a venue for her wedding reception. When she visited one potential location, she noticed that the landscaping was not complete, and there was stained carpet in the lobby.
Answers (1)
A monthly fixed rate mortgage payment--- A. could change. B. never changes. C. increases annually. D. decreases annually.
Answers (1)
Home » Business » Julia started a cake decorating business last year. Unfortunately it failed quickly. She is convinced that she lacked the necessary funds to promote her business and get it off the ground What did Julia experience?
Sign Up Forgot Password?