Entrepreneurs pay for these expenses once, at the beginning of a business, and often include things like equipment, the inital lease for the building, goods to sell, and utility hookups.
BizInnovator Startup - Crunching the Numbers
9th - 12th Grade
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BizInnovator Startup - Crunching the Numbers
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Business
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9th - 12th Grade
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Medium
Jacobson Institute
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16 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Start Up Costs
Fixed Costs
Variable Costs
On Going Costs
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
These expenses are paid regularly, and often includes things like payroll, rent, inventory, and marketing.
On Going Costs
Fixed Costs
Start Up Costs
Variable Costs
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This process is used to plan for upcoming revenues and expenses.
Budgeting
Fundraising
IPO
Funding Round A
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Net profit or loss is shown on this financial document.
Income Statement
Cash-Flow Plan
Balance Sheet
Equity Statement
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount, or percentage, added to the costs of a product to arrive at the selling price.
Mark Up
Wholesale Price
Discount
Capital
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A ratio that compares the gain or loss from an investment relative to its cost.
ROI
Investment Ratio
Net Income
Cash Flow Perecentage
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A financial document that explains how cash is being used during a period of time.
Cash-Flow Statement
Income Statement
Balance Sheet
W2 Payroll Form
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