Busi 435 liberty Study guides, Class notes & Summaries

BUSI 435 Week 1 Quiz Last document update:   ago

BUSI 435 Week 1 Quiz 1. Small companies ________. 2. Successful "copreneurs" create a division of labor based on expertise. 3. The primary cause of small business failures is ________. 4. To boost sales, small businesses, especially start-ups, should grant credit to anyone who wants to buy their products or services. 5. Minority-owned businesses have come a long way in the past decade, and their success rate is climbing. 6. As an entrepreneur, you are always working for someone else - yo...

BUSI 435 Week 4 Quiz with Answers Last document update:   ago

BUSI 435 Quiz 4 1. Slow accounts receivable are a real danger to a small business because they often lead to cash crises. 2. Liquidity ratios (such as the current and the quick ratios) tell whether a small business will be able to meet its short-term obligations as they come due. 3. For Meters, Inc., refer to the following information to answer the question(s) below: Meters, Inc., reported net sales of $874,916 and a net profit of $74,563 on its most recent income statement. The company's ...