Profitability, liquidity and solvency

Quiz
•
Business
•
11th - 12th Grade
•
Medium
Victoria Price
Used 2+ times
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10 questions
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1.
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1 min • 1 pt
is money held by the business or in its bank accounts.
2.
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1 min • 1 pt
is the amount of money used to buy a good or service
3.
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1 min • 1 pt
is the profit made before expenses have been paid. It is calculated by subtracting the cost of goods sold from the total revenue from selling those goods.
4.
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1 min • 1 pt
is the final profit made by a business after all costs have been paid.
5.
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1 min • 1 pt
is the difference between the total revenue of a business and the total costs of a business, when revenue is greater than cost.
6.
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1 min • 1 pt
is the amount of money taken in by a business when selling a good or service.
7.
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1 min • 1 pt
Starring Michael Keaton as business mogul Ray Kroc, the 2016 film "The Founder" portrays the origin story of what fast-food chain?
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