Personal Finance school can you check my answers?
1. The two components of are variable costs and fixed costs.
Entire cost
Total cost*
Complete cost
Required cost
2. What is the margin of safety?
How much sales can fall before a business starts making less 5% profit
How much sales can fall before a business starts taking a loss
How much sales can fall before a business makes less than 15% profit
None of the above*
3. What are expenses that do not change called?
Given costs
Known costs
Stable costs
Fixed costs*
4. What are expenses that change as conditions change?
Fixed costs
Moderate costs
Variable costs
Changing costs*
5. Who assumes the risk in a sole proprietorship?
The Investors
The Business Owner*
The Board Of Trustees
None Of The Above
Not 100% on 5 though
the answers areeeee
1.B total cost
2.B
3.C variable cost
4. D fixed cost
5. C neither of the above
6. C both of the above
7. A organic growth
8. C inorganic growth
9. B profit mapping
10. A target price
100% CoRrEcT!!
Melly you are right! I took a chance with this but thank you!
Thank you so much Melly!!!
I got 100% thanks to you!! (:
Thank you Ms. Sue for taking the time out of your day to help me :)
4 would be d then right?
Yes, variable costs is right.
Or wait I'm sorry Ms. Sue they were in the wrong order, D was supposed to be variable costs
You're very welcome, Banana.
1. I don't know -- it doesn't make much sense
2. yes
3. yes
4. no
5. yes
http://smallbusiness.chron.com/risks-starting-sole-proprietorship-4448.html