
DOMAIN 4: Business Financials Pre-Assessment
Authored by Zina Thomas
Business
9th - 12th Grade
Used 12+ times

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14 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 5 pts
What is the formula for determining a "Return On Investment" (ROI) ?
ROI = (Net profit/Cost of Investment) x 100
ROI = (Net profit/Cost of Investment) / 100
ROI = (Net profit + Cost of Investment) x 100
ROI = (Net profit - Cost of Investment) x 100
2.
MULTIPLE CHOICE QUESTION
2 mins • 5 pts
What is the formula for determining "Gross Profit" ?
Gross Profit = Income + Cost of Goods
Gross Profit = Income x Cost of Goods
Gross Profit = Income/Cost of Goods
Gross Profit = Income - Cost of Goods
3.
MULTIPLE CHOICE QUESTION
3 mins • 5 pts
What is the Formula for determining "Net Profit" ?
Net Profit = Value Of Investment - Cost Of Investment
Net Profit = Value Of Investment x Cost Of Investment
Net Profit = Value Of Investment / Cost Of Investment
Net Profit = Value Of Investment + Cost Of Investment
4.
MULTIPLE CHOICE QUESTION
3 mins • 5 pts
What is the Formula for Determining "Selling Prices" ?
Selling Price = (Cost/Desired Profit Margin) + Cost
Selling Price = (Cost x Desired Profit Margin)
- Cost
Selling Price = (Cost x Desired Profit Margin) + Cost
Selling Price = (Cost -Desired Profit Margin) /Cost
5.
MULTIPLE CHOICE QUESTION
2 mins • 5 pts
What is the Formula for "Determining Ending Cash Balance"?
Ending Cash Balance = Total Cash + Total Costs
Ending Cash Balance = Total Cash x Total Costs
Ending Cash Balance = Total Cash - Total Costs
Ending Cash Balance = Total Cash/Total Costs
6.
MULTIPLE CHOICE QUESTION
2 mins • 5 pts
What is the formula for "Determining Equity"?
Equity = Assets x Liabilities
Equity = Assets - Liabilities
Equity = Liabilities - Assets
Equity = Liabilities/Assets
7.
MULTIPLE CHOICE QUESTION
2 mins • 5 pts
What is the formula for "Determining Net Income"?
Net Income = Income - Cost of Goods Sold x Expenses
Net Income = Income x Cost of Goods Sold x Expenses
Net Income = Income - Cost of Goods Sold - Expenses
Net Income = Income + Cost of Goods Sold + Expenses
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