Multiple Choice
Cecilia Levine purchased badly needed equipment from a customer who deducted an amount from his invoices to cover the cost of the equipment. This strategy on the part of Levine illustrates a growth strategy called
A) boondoggling
B) bootstrapping
C) bartering
D) trade credit
Correct Answer:

Verified
Correct Answer:
Verified
Q11: In a real world situation an entrepreneur
Q12: A firm's sales are the primary force
Q13: David Allen plans to invest $110,000 of
Q14: To the greatest extent possible the entrepreneur
Q15: Financial forecasts are required by lenders who
Q18: Entrepreneurs tend to be conservative and usually
Q18: Explain the percentage-of-sales technique.
Q19: Projections of a venture's profits, its asset
Q20: Although the asset-to-sales ratio varies over time
Q38: The assets-to-sales relationship tends to be relatively