Let's Check To See What You Have Learnt So Far In Finance!

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Let's check to see what you have learnt so far in Finance!

Questions and Answers
  • 1. 
    Building blocks in the construction industry is an example of which type of cost?
    • A. 

      Variable

    • B. 

      Fixed

    • C. 

      Sunk

  • 2. 
    Profits kept back in the company for reinvestment is called _____________  profit. (1 word) - ProProfs
    Profits kept back in the company for reinvestment is called _____________  profit. (1 word)
  • 3. 
    The opposite of a cash surplus is a cash _ _ _ _ _ _ _ .
    • A. 

      Loss

    • B. 

      Deficit

    • C. 

      Excess

    • D. 

      Bankruptcy

  • 4. 
    A store sells a box of candy for $18 after buying it for $14.50.If fixed costs per month is $4,560.50, At least how many boxes must be sold for the store to say it is profitable?
  • 5. 
    The suppliers of goods to a retail store may offer the retailer goods on credit with an arrangement for payment at a later date.  This method of financing is called:

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