ENTR 4222 Exam 1-Questions and Complete
Answers| Verified 100% Correct| Newest 2024-
2025
A well-designed entrepreneurial venture typically includes: - ✔✔generating ideas,
analyzing the feasibility of ideas, and producing a business plan
A viable venture opportunity is characterized by all of the following except: -
✔✔having perceived attraction to prospective investors
A SWOT analysis focuses on which of the following components or areas? -
✔✔hreats, opportunities, weaknesses, and strengths
When conducting a SWOT analysis, which of the following areas would not be
considered as a potential opportunity or threat? - ✔✔reputation value
The return on assets (ROA) model measures: - ✔✔net profit margin multiplied by the
asset turnover
Free cash flow, which can be paid back to investors, occurs when cash generated from
operations exceeds all of the following except: - ✔✔noncash depreciation
Free cash flow to equity is the cash available to the entrepreneur and venture investors
after all of the following except: - ✔✔net cash flows
Free cash flow to equity of an entrepreneurial firm includes cash flows to: -
✔✔venture investors and the entrepreneur
, Determine the return on assets (ROA) for a venture with the following financial
information: revenues = $500,000; net profit = $70,000; and asset turnover = 2.0 times.
- ✔✔28%
Determine the dollar amount of total assets for a venture with the following financial
information: revenues = $500,000; net profit = $70,000; and asset turnover = 2.0 times.
- ✔✔$250,000
Determine the net profit for a venture with the following financial information:
revenues = $500,000; return on assets = 20%; and asset turnover = 2.0 times. -
✔✔$50,000
A written document that describes the proposed venture in terms of the product or
service opportunity, current resources, and financial projections is called a(n): -
✔✔business plan
In which form of business organization are the owners not offered the protection of
limited liability? - ✔✔proprietorship
Which form of business organization is characterized by having the shortest startup time
and lowest legal costs? - ✔✔proprietorship
Which of the following business organizational forms provides the owners with limited
investor liability and passes its income before taxes through to the owners? - ✔✔S
corporations and limited liability companies (LLCs)
Based on 2018 tax schedules, the highest marginal tax rate on personal taxable income
is: - ✔✔37.0%
Answers| Verified 100% Correct| Newest 2024-
2025
A well-designed entrepreneurial venture typically includes: - ✔✔generating ideas,
analyzing the feasibility of ideas, and producing a business plan
A viable venture opportunity is characterized by all of the following except: -
✔✔having perceived attraction to prospective investors
A SWOT analysis focuses on which of the following components or areas? -
✔✔hreats, opportunities, weaknesses, and strengths
When conducting a SWOT analysis, which of the following areas would not be
considered as a potential opportunity or threat? - ✔✔reputation value
The return on assets (ROA) model measures: - ✔✔net profit margin multiplied by the
asset turnover
Free cash flow, which can be paid back to investors, occurs when cash generated from
operations exceeds all of the following except: - ✔✔noncash depreciation
Free cash flow to equity is the cash available to the entrepreneur and venture investors
after all of the following except: - ✔✔net cash flows
Free cash flow to equity of an entrepreneurial firm includes cash flows to: -
✔✔venture investors and the entrepreneur
, Determine the return on assets (ROA) for a venture with the following financial
information: revenues = $500,000; net profit = $70,000; and asset turnover = 2.0 times.
- ✔✔28%
Determine the dollar amount of total assets for a venture with the following financial
information: revenues = $500,000; net profit = $70,000; and asset turnover = 2.0 times.
- ✔✔$250,000
Determine the net profit for a venture with the following financial information:
revenues = $500,000; return on assets = 20%; and asset turnover = 2.0 times. -
✔✔$50,000
A written document that describes the proposed venture in terms of the product or
service opportunity, current resources, and financial projections is called a(n): -
✔✔business plan
In which form of business organization are the owners not offered the protection of
limited liability? - ✔✔proprietorship
Which form of business organization is characterized by having the shortest startup time
and lowest legal costs? - ✔✔proprietorship
Which of the following business organizational forms provides the owners with limited
investor liability and passes its income before taxes through to the owners? - ✔✔S
corporations and limited liability companies (LLCs)
Based on 2018 tax schedules, the highest marginal tax rate on personal taxable income
is: - ✔✔37.0%
