1 of 12
Term
Which of the following statements regarding a sole proprietorship
arecorrect?
Give this one a try later!
CORRECT:
- How can the firm manage its cash flows as they arise in itsday-to-day
operations(working capital managementdecisions)?
- How should the firm raise money to fund new investments(capital structure
decisions)?
- Whatlong-term investments should the firm undertake(capital budgeting
decisions)?
, CORRECT :
- Sole proprietorships are easy to set up with no paperwork required
before the business can be opened.
- Sources of funds for a sole proprietorship typically include personal
savings, as well as raising funds from a bank or personal loans from friends
and family.
CORRECT:
- The sole proprietor is personally responsible for all debt of the sole
proprietorship.
- Capital budgeting.
CORRECT :
- All of the above are correct.
Don't know?
2 of 12
Definition
CORRECT:
- Corporations have a greater ease in raising large sums of money
than other forms of business organization.
- The life of the business is not tied to the status of the corporate
owners.
- Theowners' liability is limited to the amount of their investment in
the company.
Give this one a try later!
Term
Which of the following statements regarding a sole proprietorship
arecorrect?
Give this one a try later!
CORRECT:
- How can the firm manage its cash flows as they arise in itsday-to-day
operations(working capital managementdecisions)?
- How should the firm raise money to fund new investments(capital structure
decisions)?
- Whatlong-term investments should the firm undertake(capital budgeting
decisions)?
, CORRECT :
- Sole proprietorships are easy to set up with no paperwork required
before the business can be opened.
- Sources of funds for a sole proprietorship typically include personal
savings, as well as raising funds from a bank or personal loans from friends
and family.
CORRECT:
- The sole proprietor is personally responsible for all debt of the sole
proprietorship.
- Capital budgeting.
CORRECT :
- All of the above are correct.
Don't know?
2 of 12
Definition
CORRECT:
- Corporations have a greater ease in raising large sums of money
than other forms of business organization.
- The life of the business is not tied to the status of the corporate
owners.
- Theowners' liability is limited to the amount of their investment in
the company.
Give this one a try later!
