extra credit acct2

Question 1

What does a statement of shareholder equity show?

Accepted Answer

capital structure

Question 2

What is Sidney Saunders Story

Accepted Answer

Originally from Georgia, love to host dinner parties, Her boyfriend, a CSU grad, helped make sure she was profitable., The chef from Pier W offered to buy her sweet potato cakes

Question 3

four goals of the manufacturing exec

Accepted Answer

cost budget, Delivery, Safety, Quality control

Question 4

Name the 4 financial statements

Accepted Answer

Income Sheet, Cashflow statement, Statements of shareholder equity, Balance Sheet

Question 5

What does a balance sheet show?

Accepted Answer

financial health

Question 6

GBB

Accepted Answer

Good, Better, Best

Question 7

3 factors businesses look at for profitability

Accepted Answer

cost structure, Price points, Volume/Traffic

Question 8

Goals of a CFO (4)

Accepted Answer

design financial statements, apply for financing, internal controls, audit financial statements

Question 9

What concepts that we've learned in this class did the Claudia Post article highlight?

Accepted Answer

Break Even Points, ABC costing, Contribution margin, Cost Structure, Creating Segment Profit Loss statements, Allocation Methods

Question 10

Moreno's Angel's

Accepted Answer

Lowered ticket prices immediately, Slowly raised merch and titcket prices over time, Sold a TV contract for advertising, Cut merch prices immediately

Question 11

profit margin* turn over=

Accepted Answer

ROI

Question 12

sales * profit margin=

Accepted Answer

income

Question 13

4 P's of marketing

Accepted Answer

Price, Product, Promote, Place

Question 14

What does a cashflow statement show?

Accepted Answer

inflows and outflows of cash

Question 15

Average assets* turn over=

Accepted Answer

sales

Question 16

What does a income sheet show?

Accepted Answer

profitability

Question 17

ROI * Average Assets=

Accepted Answer

income

extra credit acct2

Questions 17

extra credit acct2

Questions 17