Show:
Financial Planning
Business Budgets
Financial Records & Statements
Financial Report Ratios
True/False
100
Determining if enough money is there to start a business.
What is Start-up.
100
How much Nathan helped me on this project.
What is very little.
100
Make a picture of the financial performance of a business.
What is financial statements.
100
Comparisons using the business's financial data to see if the business is performing well.
What are financial performance ratios.
100
The higher the ratio, the more favorable it is for the company.
What is true
200
Determining if enough money is there to to pay for growth.
What is expansion
200
Used by a new business or a business expanding until the money is made.
What is Start-Up Budget.
200
Provide specific information about about business activities to see and understand the financial performance of a business.
What are Financial records.
200
Current Assets / current liabilities
What is current ratio.
200
Financial Planning increases financial uncertainties.
What is false.
300
Determining if the business has enough money to operate.
What is operation.
300
Used for ongoing business operations that are in a specific time.
What is operating budget.
300
Includes assets, liabilities, and owner's equity.
What is a balance sheet.
300
Total liabilities / owner's equity
What is debt to equity ratio.
300
There are three phases in business.
What is true.
400
Used to make sure the cash is flowing in and out of a business.
What is cash budget.
400
Includes sales, expenses, and net profit or loss.
What is an income statement.
400
Total sales / Net income
What is net income ratio.
400
Mrs. Karner is a great teacher.
What is false.
500
Revenue - Expenses = Profit or Loss
What is Formula for Operation
500
The 1st step in the steps for preparing a business budget.
What is make a list of income and expense items.
500
The grade we are getting on this project.
What is 100.
500
Net profit / owner's equity
What is return on equity ratio.
500
Financial planning makes it harder to stick to financial processes and goals.
What is false.