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
11 answers
2. yes
3. yes
4. no
5. yes
http://smallbusiness.chron.com/risks-starting-sole-proprietorship-4448.html
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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!!
I got 100% thanks to you!! (: