Question 1

Describe four different loan covenants that a bank may impose on a loan

Accepted Answer

The answer of Describe four different loan covenants that a...

Question 2

LIBOR is _____ the prime rate.

Accepted Answer

A)  approximately equal to 
B)  considerably higher than 
C)  considerably lower than 
D)  a lagging indicator of 
A)  approximately equal to 
B)  considerably higher than 
C)  considerably lower than 
D)  a lagging indicator of

Question 3

Louise Piper plans to sell stock in her company in order to raise capital. One of the benefits of issuing stock as a source of funds is

Accepted Answer

A)  reduced risk to the enterprise. 
B)  sharing success potential. 
C)  confidentiality. 
D)  periodic reporting requirements. 
A)  reduced risk to the enterprise. 
B)  sharing success potential. 
C)  confidentiality. 
D)  periodic reporting requirements.

Question 4

To retain control and avoid accountability to those with a minority equity position in the firm, small business owners are often reluctant to give away any of the company's ownership.

Accepted Answer

A) True 
 B)False

Question 5

Return on equity is equal to

Accepted Answer

A)  net income divided by owners equity. 
B)  owners equity divided by net income. 
C)  total assets divided by owners equity. 
D)  owners equity divided by total assets. 
A)  net income divided by owners equity. 
B)  owners equity divided by net income. 
C)  total assets divided by owners equity. 
D)  owners equity divided by total assets.

Question 6

Drawbacks of selling stock as a source of funds include

Accepted Answer

A)  enhanced corporate image. 
B)  loss of voting control of the company. 
C)  future financing. 
D)  estate planning. 
A)  enhanced corporate image. 
B)  loss of voting control of the company. 
C)  future financing. 
D)  estate planning.

Describe four different loan covenants that a bank may impose on a loan

LIBOR is _____ the prime rate.

Louise Piper plans to sell stock in her company in order to raise capital. One of the benefits of issuing stock as a source of funds is

To retain control and avoid accountability to those with a minority equity position in the firm, small business owners are often reluctant to give away any of the company's ownership.

Return on equity is equal to

Drawbacks of selling stock as a source of funds include

The Entrepreneurial Life

Entrepreneurial Integrity and Ethics

Getting Started

Franchises and Buyouts

The Family Business

The Business Plan: Visualizing the Dream

The Marketing Plan

The Human Resources Plan: Managers, Owners, Allies, and Directors

The Location Plan

Understanding a Firms Financial Statements

Forecasting Financial Requirements

Planning for the Harvest

Building Customer Relationships

Product and Supply Chain Management

Pricing and Credit Decisions

Promotional Planning

Global Opportunities for Small Business

Professional Management in the Entrepreneurial Firm

Managing Human Resources

Managing Operations

Managing the Firms Assets

Managing Risk in the Small Business

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Exam 12: A Firms Sources of Financing

Describe four different loan covenants that a bank may impose on a loan

LIBOR is _____ the prime rate.

Louise Piper plans to sell stock in her company in order to raise capital. One of the benefits of issuing stock as a source of funds is

To retain control and avoid accountability to those with a minority equity position in the firm, small business owners are often reluctant to give away any of the company's ownership.

Return on equity is equal to

Drawbacks of selling stock as a source of funds include

The Entrepreneurial Life

Entrepreneurial Integrity and Ethics

Getting Started

Franchises and Buyouts

The Family Business

The Business Plan: Visualizing the Dream

The Marketing Plan

The Human Resources Plan: Managers, Owners, Allies, and Directors

The Location Plan

Understanding a Firms Financial Statements

Forecasting Financial Requirements

Planning for the Harvest

Building Customer Relationships

Product and Supply Chain Management

Pricing and Credit Decisions

Promotional Planning

Global Opportunities for Small Business

Professional Management in the Entrepreneurial Firm

Managing Human Resources

Managing Operations

Managing the Firms Assets

Managing Risk in the Small Business

Filters