An enterprise is an activity or a project that produces services or ................
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________ is commonly used to measure the short-term solvency of the venture? Select correct option.
A. Debt to equity ratio
B. Current ratio
C. Profitability ratio
D. Activity ratio
Answer: B
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Which of the following ratio will be helpful for assessing the firm's capital structure?
A. Current ratio
B. Acid test ratio
C. Profitability ratio
D. Debt to equity ratio
Answer: D
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Which of the following source of capital is relatively faster and less costly than other funding?
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The situation analysis is
A. Defining Target Market/Opportunities and Threats.
B. Considering Strengths and Weaknesses
C. A review of where the company has been and considers environmental factors
D. None of the options given
Answer: C
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The financial plan provides a complete picture of
A. How much and when the funds are coming into the organization
B. Where the funds are going
C. How much cash is available?
D. All of the options given
Answer: D
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Before developing the pro forma income statement, the entrepreneur should
A. Prepare operating budgets
B. Capital budgets
C. None of the options given
D. Both of the options given (a, b)
Answer: D
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In setting marketing goals and objectives the entrepreneur must
A. Set the price
B. Distribution place
C. Must satisfy customers
D. None of the above
Answer: D
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One of the difficult decisions
A. Is about the distribution of the product
B. Is determining the appropriate price for the product
C. Is about the promotion of the product
D. None of the options given
Answer: B
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The activities which occur when the new venture is started are called:
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