Multiple Choice
(p.129 (templates on Connect) ) If your feasibility study suggests to you that your new business venture is not viable,the next step is to:
A) Hire someone to work on the financial aspects of your plan to make the business viable.
B) Find investors to raise capital for the equipment and fixtures you will need when you open.
C) Create a lean business plan to convince the bank to lend you money.
D) Re-evaluate your concept,market,etc.,with the hope of salvaging some of the viable aspects of your business prospect.
Correct Answer:
Verified
Correct Answer:
Verified
Q13: The debt-to-equity ratio is an example of
Q14: All of the following are examples of
Q15: In very simple terms, a cash flow
Q18: All of the following are current assets,
Q21: What is the formula used to determine
Q26: If the business carries an inventory of
Q32: If a business's net sales are $20,000
Q33: The grossmargin ratio is an example of
Q39: The return on assets is an example
Q49: Fixed expenses are those which:<br>A) Are dependent