Jane Valdez's Business Quiz

What was Jane Valdez’s third business focus?

• Software for schools and educational apps

• Handheld devices for hospital-based applications

• Online retail for consumer electronic goods

• Cloud storage solutions for small businesses

What is the interest rate on Jane's loan?

• Five percent annual interest, simple calculated

• Seven percent APR on business operations

• Ten percent annual interest on balance

• Twelve percent interest, compounded quarterly always

What is the total annual rent cost?

• $20,000 flat rate for all tenants

• $22,000 plus additional utility service fees

• $24,000 total yearly payment for space

• $26,000 with maintenance and repair fees

What is the approximate monthly utility estimate?

• Two hundred dollars each business month

• Three hundred dollars on average electricity

• Four hundred monthly for combined water usage

• Five hundred dollars for electricity and water

What is the rent deposit amount required?

• One month’s rent equals two thousand

• Three thousand dollars for damage coverage

• Four thousand required before initial occupancy

• Five thousand upfront before opening day

How many square feet is the shop?

• Eight hundred with shared storage space

• Nine hundred plus extra break room

• One thousand square feet, total usable

• Eleven hundred with outdoor patio seating

What size espresso machine doubles output speed?

• Two-cup fast production with minimal space

• Four-cup with thirty percent faster brewing

• Six-cup with simultaneous large-batch brewing

• Eight-cup high-capacity, limited counter space

Which business closed and provided sales data?

• Paul’s Java and Doughnut Cornerhouse

• Pat’s Coffee and Chocolate specialty shop

• Downtown Express Beverages and Ice Cream

• University Grounds and Study Place

What was Pat's coffee price per cup?

• Two dollars and fifty cents total

• Three dollars flat, including tax

• Three dollars and fifty cents standard

• Four dollars during peak hour rush

What advertising method costs $100 per day?

• Local newspaper weekly classified business ads

• In-store promotional displays near checkout counter

• Search engine advertising for website traffic

• Television commercials during morning broadcast