Business Plan-1

The balance sheet identity can be stated as: Total assets = Total liabilities + Total stockholders' equity.

• False

• True

Cash flows from operations are the net cash flows that support a firm's principal business activities.

• True

• False

This is not element of cash flow statements

• Investing activities

• Financiang activities

• Capital activities

• Operating activities

Other name for Profit and loss statements

• Revenue and loss statements

• Income statements

• Profit and gain statements

This is the decription of financial analysis, unless ___

• •Examination company financial statements

• Story about the owner's sucess

• How well is company doing?

Financial statement that tells about the company's liabilities is _____

• Cash outflow

• Profit and loss

• Retained earnings

• Balance sheet

What if the company must face a cash shortages situation ..?

• The company should terminate some of the workers

• The owners can have a holiday

• The company can consider to borrow from banks

• There is nothing to do

What is Break even point

• Too many profits

• Too little profits

• Zero profit

• Loss to the firm