credit line expansion\nmicahs pickle business has not found a financial partner. the business checking…

credit line expansion\nmicahs pickle business has not found a financial partner. the business checking account is constantly overdrawn. micah has expanded his line of credit to $4,000, and he has $20,000 in additional debt. micah is working without wages, and it looks like the company might fail.\nquestion 7 (8 points)\ngiven what we know about micahs pickle business, which three (3) categories are probably included in micahs business plan?\ntechnology costs\ncomputer hardware\ncomputer software\nadministrative costs\nequipment\nlicenses and permits\nutilities\nwages and benefits\nemployee salaries\npayroll taxes\nbenefits\ncredit costs\nline of credit\ncost of sales\nraw materials\nmanufacturing equipment\npackaging\nshipping\nsales and marketing costs\nmarketing materials\nadvertising

credit line expansion\nmicahs pickle business has not found a financial partner. the business checking account is constantly overdrawn. micah has expanded his line of credit to $4,000, and he has $20,000 in additional debt. micah is working without wages, and it looks like the company might fail.\nquestion 7 (8 points)\ngiven what we know about micahs pickle business, which three (3) categories are probably included in micahs business plan?\ntechnology costs\ncomputer hardware\ncomputer software\nadministrative costs\nequipment\nlicenses and permits\nutilities\nwages and benefits\nemployee salaries\npayroll taxes\nbenefits\ncredit costs\nline of credit\ncost of sales\nraw materials\nmanufacturing equipment\npackaging\nshipping\nsales and marketing costs\nmarketing materials\nadvertising

Answer

Brief Explanations:

Micah has expanded credit line, indicating credit costs are relevant. Since it's a pickle - making business, cost of sales for raw materials, equipment etc. is important. Also, administrative costs like licenses and utilities are likely in the plan. Wages are not relevant as Micah works without wages currently.

Answer:

Administrative costs Credit costs Cost of sales