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Which of the following statements is true regarding the profitability of new businesses? A . It may take several years for a new business to
Which of the following statements is true regarding the profitability of new businesses?
A It may take several years for a new business to begin showing a profit.
B Profitability is not an important issue for new businesses.
C Most new businesses will turn a profit within the first year.
D If a company does not show a profit within the first year, it will fail.
E Most new businesses are highly profitable when they first start.
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