Funding a Business Review

Which of the following would NOT be a current asset?

• Accounts Receivable

• Land

• Prepaid Insurance

• Supplies

What is a Current Asset?

• A resource a company owns and expects to receive future benefit from.

• An item that was recently purchased by a company.

• None of these answers are correct.

• Cash and any other asset that a company plans to turn into cash or consume within one year or within the operating cycle.

Inventories are classified as _____________

• long term liabilities

• current asset

• Fixed asset

• Capital

When an entrepreneur takes out loans to finance their business, this is called...

• equity financing

• bootstrapping

• debt financing

• preferred stock

A person (or organization) that puts money into products, inventions, or many other things - with the expectation of achieving a profit.

• entrepreneurs

• Innovative

• Investor

• margin

A purchase intended to produce income or money gains if what was purchased does well or sells.

• investment

• % of ownership

• Innovative

• funding

Any shareholder has a ________________________ in the company. This means they own part (or stock shares) of a company.

• funding

• % of ownership

• investors

• Investment

Entrepreneurs need THIS. It is the act of providing resources to finance a need, program, or project.

• investors

• Investment

• funding

• margin

A person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.

• investor

• entrepreneur

• margin

• investment

individuals who invest in startup companies with high growth potential

• Angel Investor

• entrepreneur

• Venture Capital

• investment