Question

1.The statement of cash flows is divided into ____________activities.
a. profitability, stability, and investing
b. stability, earning, and financing
c. pending, earning, and capital
d. operating, investing, and financing

2.The difference between sales revenue and cost of goods sold is known as the
a. net profit
b. debt
c. break-even point
d. gross profit or gross margin
3.The most common way to compute the cost of sales is to use the percent-of-sales method, which
expresses each expense item as a percentage of
a. net sales
b. gross profit
c. net income
d. operating income

4. What are the primary reasons that startups need funding?
a. Cash flow challenges, capital investments, and lengthy product development cycles
b. Business research, cash flow challenges, and costs associated with building a brand
c. Bonuses for members of the new venture team, legal fees, and lengthy product development cycles
d. Attorney fees, capital investments, and marketing research

5.An entrepreneur who starts a business without external funding is utilizing a technique referred to
as
a. networking
b. capitalizing
c. prospecting
d. bootstrapping

Answer 1

Answer:

1. Option d

2. Option d

3. Option a

4. Option a

5. Option d

Explanation: