Read 'Chapter 0: Course Material' & answer the following question(s): |
1. | Small firms represent _______________ of all employer firms. |
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2. | ______________________ is NOT likely a deciding factor in buying an existing business. |
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3. | Which is NOT a method of determining a business value? |
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4. | A business value may be computed by multiplying earnings by a _____________ typical in the industry. |
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5. | There are many ways to determine the value of a business. One of the popular methods that determines the value of a business based on the revenue generating capacity of the company is |
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6. | Assume that gross revenue is $32,500,000 and gross revenue multiplier is .4, then the valuation is |
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7. | The tough questions to ask when starting a business do NOT include? |
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8. | Where should a retail store be located? |
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9. | A well-prepared business plan serves what functions? |
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10. | A business plan does NOT include |
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11. | A business plan can be a(n) _____________________ |
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12. | What of the following is not a factor to be considered in deciding upon a source of financing? |
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13. | Which one of the following provides a cost-free source of financing for a firm? |
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14. | SBA borrowers seeking to start a new business should prepare a |
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15. | Leasing advantages include all EXCEPT |
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16. | All of the following are alternative marketable securities suitable for short-term investment EXCEPT |
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17. | A working capital technique that increases the payable float and therefore delays the outflow of cash is |
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18. | When managing cash and short-term investments, a corporate treasurer is primarily concerned with |
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19. | In managing inventory you should NOT |
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20. | The result of the economic order quantity formula indicates the |
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21. | The ordering costs associated with inventory management include |
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22. | In inventory management, the safety stock will tend to increase if the |
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23. | To qualify as an S corporation, a corporation cannot have more than _____ shareholders. |
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24. | Legal purchase contracts do NOT include |
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25. | To protect yourself from competitive infringement you need to |
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26. | The Trademark Electronic Application System is found at |
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27. | Adequate financial record keeping systems include all EXCEPT |
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28. | Financial ratios can be classified into all but one of the following |
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29. | Startup costs do NOT include |
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30. | Most states provide specific exemptions from sales taxes to all EXCEPT |
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31. | Major areas of marketing research do NOT include |
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32. | Advantages of new product introduction does NOT include |
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33. | Social media are: |
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34. | Personal selling involves |
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35. | Which one of the following is NOT a factor establishing a selling price |
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36. | The different basic pricing approaches for a new product will NOT include: |
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37. | In selecting an insurer you should NOT consider |
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38. | _____________________ is accounting software: |
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39. | The disadvantages of using a temporary agency for temporary help include: |
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40. | Typical information sources for running a small business do NOT include: |
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41. | ________________ is NOT a credit bureau: |
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42. | You may obtain a patent granting exclusive right for _______ years: |
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43. | The equity at the end of the period consists of: |
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44. | Activity ratios do NOT include: |
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45. | Reasons to start a franchise instead of an entirely new business include all of the following EXCEPT: |
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