ESB Practice 1

What is the formula to find Equity?

• Value of investment - Amount Invested / 100

• Marketing + Sales Expense / number of new customers

• Assets - Liabilities

• Total Revenue -Total Expenses

What is the formula to find Return on Investment (ROI)?

• Value of investment - Amount Invested / 100

• Marketing + Sales Expense / number of new customers

• Assets - Liabilities

• Total Revenue -Total Expenses

What is the formula to find the Customer Acquisition Cost (CAC)?

• Value of investment - Amount Invested / 100

• Marketing + Sales Expense / number of new customers

• Assets - Liabilities

• Total Revenue -Total Expenses

A person or organization with an interest in a particular place or issue.

An owner of one or more shares of a corporation

Can not issue stock but legally exists as a separate entity from its owners.

may issue shares to up to 100 shareholders, all of whom must be actual people (not corporations) who are US citizens or permanent residents.

A legal entity that offers limited liability with double taxation. but is least restrictive in regard to issuing stocks.

What are the benefits of a fulfillment center? (Select three)

• Lower Shipping Cost

• Improve Your Customer Service

• Loss of control

• Reduce Your Operating Costs

- Exists when you have the right solution to a problem worth solving
- Exists when people need your product rather than just seeking a potential benefit of using it.
- When users love your product so much they tell other people to use it.