WorksheetsAS2 Unit 2.00
Total questions: 17
Worksheet time: 9mins
Because students' interests change and new skills are developed throughout high school, student's SAEs should change and grow to:
be based on activities completed in class.
align with their career plan.
be instructor led.
stay the same.
A document often used in an entrepreneurship Supervised Agricultural Experience is a:
labor resources report.
employer evaluation.
business plan.
research plan.
Being aware of job hazards and focusing on the importance of employee wellbeing is a major part of understanding:
career exploration and planning.
personal financial planning.
agricultural literacy.
workplace safety.
Students should complete a personal budget considering their future career as part of which area of their foundational SAE?
career exploration and planning
personal financial planning
agricultural literacy
workplace safety
The type of SAE that enables students to work cooperatively, but allows for the risk of the business to be held by the agriculture program is:
placement.
experimental.
entrepreneurship.
school-based enterprise.
A type of SAE that helps provide for a community need is:
analytical.
invention.
placement.
service learning.
Since a good career choice is based on one's personal interest, which career is best for a person who enjoys working with people and small animals?
florist
pet groomer
dump truck driver
golf course superintendent
Which part of the foundational SAE did Amber complete when she filled in an interest inventory to determine a future job?
workplace safety
agricultural literacy
career exploration and planning
employability skills for college and career readiness
If the financial statement of a pet grooming business lists total liabilities of $400,000 and a net worth of $100,000, what is the debt-to-equity ratio?
1:01
1:03
4:01
4:04
If a veterinary office has total assets of $500,000 and total liabilities of $200,000, what amount should be entered on the net worth line of a financial statement?
$100,000
$300,000
$400,000
$700,000
If a business has $10,000 cash on hand, $25,000 in a checking account, and land valued at $300,000, on which line of a financial statement should the $335,000 total be entered?
Current assets
Net worth
Total assets
Total liabilities
When preparing a financial statement for his vet clinic improvements, Dr. Josh had to include the amount of mortgages that are not due this year as:
current assets.
current liabilities.
noncurrent assets.
noncurrent liabilities.
If a small animal breeder has a $250,000 mortgage on his land, and he owes Farm Credit Service $30,000 for this year’s payment, what amount should be entered on the noncurrent liability line of the financial statement?
$30,000
$220,000
$250,000
$280,000
Cash and things that are owned by the individual or the business for which a financial statement is prepared are listed as:
assets.
equity.
liabilities.
working capital.
If a pet groomer has $6,000 cash on hand and $30,000 in a checking account, on which line of a financial statement should the $36,000 total be entered?
Current assets
Net worth
Total assets
Total liabilities
Susan is seeking a loan to start a pet grooming service. She is asked to complete a net worth statement, so the bank can determine her:
current assets.
equity.
inventory.
total liabilities.
If a pet store owner has a $500,000 mortgage on her land and buildings, and she owes Farm Credit Service $60,000 for this year’s mortgage payment, what amount should be entered on the current liability line of the financial statement?
$60,000
$440,000
$500,000
$560,000
