1
10.05 Quiz: Business Finance
1. A copy machine you rent for an office is an example of which type
of cost? - -Correct Answer--✔️Equipment cost
2. Which of the following is a way to improve cash flow? - -Correct
Answer--✔️Keep a cash reserve
3. What are accounts payable? - -Correct Answer--✔️Amounts of
money a company owes other companies
4. Which type of financial statement shows the company's assets,
liability, and equity at a moment in time? - -Correct Answer--
✔️Balance sheet
5. Net profit before tax ÷ Total assets represents which type of
financial ratio? - -Correct Answer--✔️Return on assets
6. Total liabilities ÷ Total assets represents which type of financial
ratio? - -Correct Answer--✔️Debt ratio
7. What are operating activities? - -Correct Answer--✔️Revenue and
expenses involved in running a business
1
10.05 Quiz: Business Finance
1. A copy machine you rent for an office is an example of which type
of cost? - -Correct Answer--✔️Equipment cost
2. Which of the following is a way to improve cash flow? - -Correct
Answer--✔️Keep a cash reserve
3. What are accounts payable? - -Correct Answer--✔️Amounts of
money a company owes other companies
4. Which type of financial statement shows the company's assets,
liability, and equity at a moment in time? - -Correct Answer--
✔️Balance sheet
5. Net profit before tax ÷ Total assets represents which type of
financial ratio? - -Correct Answer--✔️Return on assets
6. Total liabilities ÷ Total assets represents which type of financial
ratio? - -Correct Answer--✔️Debt ratio
7. What are operating activities? - -Correct Answer--✔️Revenue and
expenses involved in running a business
1
