Final Test Answers

If you wanted to make sure a company has enough money available to pay its bills, which financial statement would be most helpful?A.Balance sheetB.Income statementC.Statement of owners' equityD.Cash flow statement

The U.S. consumer market is large, but other markets may offer what advantage?A.Higher levels of market saturationB.Better opportunities for growthC.More demographic trendsD.More entertainment trends

Which of the following sections of a business plan comes first but should be written last?A.Goals and StrategyB.Executive SummaryC.Products and ServicesD.Funding Request

Which of the following things can help you get a lower interest rate when you receive a loan? A. A low credit score B. A history of defaulting C. Using all of your available credit D. Collateral Please select the best answer from the choices provided

Which of the following is a reason a country might put a tariff on imports?A.To form an agency relationshipB.To increase its exportsC.To protect domestic companiesD.To create free trade