Economic analysis, Very briefly please

What do you understand about the Financial Plan! Explain Assumptions as one Key Component part of the Financial Plan!

Need a conclusion for the essay. Essay parts Below: Introduction: As a company begins or continues to grow, there are many steps they must take in order to determine the opportunities and threats available. An external factor evaluation matrix can help in regulating how quickly and easily a company can expand in a certain area. Competitive profile matrix is a tool that provides information on the competitive advantage a company has to others in the same industry and their critical success factors. Expansions in business are constant and companies must learn to adapt to their environments by using tools such as the matrices to do so. Paragraph 1: External factor evaluation matrices are used by companies in order to determine possible opportunities and threats in expanding the company. EFE matrices provide the possibility of a company to handle risk management on a higher level and also help raise awareness to possible threats before they are able to affect the business. Paragraph 2:  An…

Lever Age pays an 9% rate of interest on $9.10 million of outstanding debt with face value $9.1 million. The firm’s EBIT was $2.9 million. What is its times interest earned? Note: Round your answer to 2 decimal places. If depreciation is $110,000, what is its cash coverage ratio? Note: Round your answer to 2 decimal places.

ANSWER IN ESSAY FORM 1.Briefly discuss the various aspects of the poverty trap.

Case: Cash is Good, Card is Bad Arlow’s is a small retail store located in a major Midwestern city. Because of its reputation, Arlow’s has been able to attract highly competent professional sales help. All sales clerks are salaried, non-exempt employees who are well paid, but who do not receive commissions.Recently sales have flattened out because of slower economic conditions. Thinking that maybe an extra incentive will help Arlow’s through the economic dip, the store manager decided to institute a 2% commission on cash sales only. Because of the 4% service charge made by credit charge card plans on all charge sales, Arlow’s manager felt that this incentive plan would appeal to the sales clerks and be advantageous to the firm.The manager was right—to right in fact. Some of the sales clerks have become so enthusiastic about getting their 2% that they are being very pushy and insulting to customers who refuse to pay cash and try to use a bank charge card. Consequently, the manager has…