Other questions in this quiz

2. why is cashflow important for start up

  • make sure business can afford to pay its suppliers
  • so business can offer credit
  • its not
  • shareholders want to keep as much cash as possible

3. which of these is a limitation of a forecast

  • customers do not pay on time
  • there are no limitations
  • there a waste of time
  • provide no information

4. what is the formula of contribution

  • variable costs - total saleswhi
  • total sales - variable costs
  • total sales X fixed costs
  • total sales + variable costs

5. what is contribution

  • looks at profit as a whole
  • difference between sales and variable costs of production
  • the amount of money shareholders give to the business
  • the amount of work employees do

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