BS495 Entrepreneurship: Ch 9-12 basics Questions With Complete Solutions

BS495 Entrepreneurship: Ch 9-12 basics Questions With
Complete Solutions

____ depicts projected cash available calculated from projected
cash accumulations minus projected cash disbursements:

-Pro Forma Income Statement
-Pro Forma Cash FLow
-Pro Forma Balance Sheet
-Pro Forma Sources and Application of Funds Correct Answers
Pro Forma Cash FLow

____ depicts projected net profit calculated from projected
revenue minus projected costs and expenses:

-Pro Forma Income Statement
-Pro Forma Cash FLow
-Pro Forma Balance Sheet
-Pro Forma Sources and Application of Funds Correct Answers
Pro Forma Income Statement

____ helps the entrepreneur understand how the net income for
the year was disposed of and how the movement of cash through
the business effected numbers. It emphasizes the
interrelationship of assets, liabilities, and stockholders' equity to
working capital.

-Pro Forma Income Statement
-Pro Forma Cash FLow
-Pro Forma Balance Sheet

, -Pro Forma Sources and Application of Funds Correct Answers
Pro Forma Sources and Application of Funds

____ provide modern assistance in accounting, payroll,
inventory, and billing.

-software packages
-CPAs
-hot secretaries Correct Answers software packages

____ reflects the condition of a business at the end of a
particular period. It summarizes the assets, liabilities, and net
worth of the firm.

-Pro Forma Income Statement
-Pro Forma Cash FLow
-Pro Forma Balance Sheet
-Pro Forma Sources and Application of Funds Correct Answers
Pro Forma Balance Sheet

____ summarizes the projected assets, liabilities, and net worth
of the new venture:

-Pro Forma Income Statement
-Pro Forma Cash FLow
-Pro Forma Balance Sheet
-Pro Forma Sources and Application of Funds Correct Answers
Pro Forma Balance Sheet

________ financing entails obtaining funds for the company in
exchange for ownership.