Exit Ticket 1/10/2023
Authored by Jonathan Wise
Professional Development
12th Grade
Used 5+ times
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Typically, debt financing requires:
reduction of short-term assets.
an asset as collateral.
degree of ownership in the firm.
reduction of working capital.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
________ financing does not require any collateral...
Equity
Line of credit
Commercial bank loan
Character loan
3.
OPEN ENDED QUESTION
3 mins • 1 pt
The most frequently used source of funds for start...
Evaluate responses using AI:
OFF
4.
OPEN ENDED QUESTION
3 mins • 1 pt
What is an Asset Based Loan?
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OFF
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a straight commercial loan funds are typically ...
Up to one year
180 days
Less than 30 days
30–90 days
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The type of funds most frequently used by businesses is externally generated funds.
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Debt financing requires the entrepreneur to repay the amount borrowed plus interest.
True
False
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