Magnus wanted to start a software business. He prepared a document that contained an explanation of the
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Question:
Magnus wanted to start a software business. He prepared a document that contained an explanation of the business, an analysis of the competition, and a projection of the business's income and expenses. He presented this document to a panel of venture capitalists, and they agreed to fund his project. Which of the following documents did Magnus prepare?
Multiple Choice
- a fund flow statement
- a promissory bill
- a business plan
- a journal ledger
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