Week 14-15

Question 1

Estimates of cash sales, cash expenditures, and other
financial information over a period of time. this can help to understand a company’s expected
future growth and profitability.

Answer 1

financial projection

Question 2

Is the number of products or services a company sells over a specific
period of time, such as a month, quarter, or year.

Answer 2

sales volume

Question 3

is calculated by multiplying the number of units sold by the
time period.

Answer 3

sales volume

Question 4

(true or false) To calculate sales volume multiply the number of units sold by the period of time (minutes, hours, day).

Answer 4

false, week month year

Question 5

formula for sales volume

Answer 5

Number of units sold x period of time = sales
volume.

Question 6

sales volume can indicate number of things including:

Answer 6

market share
new customer
product promotion
deamns
competition
product or marketing strategy

Question 7

(true or false) Some ways to increase sales volume include: Focusing on top consumers, Increasing marketing efforts, Streamlining the sales process, Training and motivating the sales team, and Forming strategic partnerships.

Answer 7

true

Question 8

is a chart that represents the proportions of parts of a whole in
two different moments.

Answer 8

value projection

Question 9

(true or false) Use value projection visualization to display changes in the composition of market shares or demographic data, or to measure your sales comparing your targets with your actual performance.

Answer 9

false, sales= achievments

Question 10

An estimate of the future value of an asset or cash, or the
proportions of parts of a whole at two different points in time.

Answer 10

value projection

Question 11

The amount an asset or cash is expected to be worth at a future time.

Answer 11

projected value

Question 12

are based on information that is already known, but
because the future is unknown, they should be accompanied by terms
that explain how and by what means they are being predicted.

Answer 12

projected value

Question 13

(true or false) In business, projections can be used to communicate a company’s growth prospects, vision, and what they hope to achieve.

Answer 13

true

Question 14

(true or false) detailed and aesthetic projections can help build trust and credibility with potential investors, partners, lenders, or buyers.

Answer 14

false, Transparent
and realistic

Question 15

An income statement, also known as a

Answer 15

profit and loss (P&L)

Question 16

statement, is a business plan component that shows a company’s
revenues, expenses, and profitability over a period of time.

Answer 16

income statement

Question 17

income statement includes the following information

Answer 17

revenue
expenses
net income

Question 18

The amount of money a company makes from selling
products or services

Answer 18

revenue

Question 19

The costs incurred to generate revenue and manage
the business

Answer 19

expenses

Question 20

The amount of money remaining after expenses are
subtracted from revenue

Answer 20

net income

Question 21

formula to compute gross profit

Answer 21

net sales minus cost of goods sold

Question 22

formula to compute operating income

Answer 22

gross profit minus operating expenses

Question 23

formula to compute net income

Answer 23

operating income plus non operating income

Question 24

what are the other important terms related to an income statement include:

Answer 24

costs of good sold (COGs)
gross margin
earnings before tas (ebt)
net income

Question 25

is the process of incurring expenses and securing funding to cover those expenses to launch and establish a new business

Answer 25

start up cost

Question 26

This process typically involves identifying and budgeting for all necessary expenses and securing funding to cover those costs through investments or loans.

Answer 26

start up cost

Question 27

(true or false) start up costs are non-mandatory for a company to start and become operational.

Answer 27

fales, mandatory

Question 28

(true or false) with insufficient funding to cover such start up cost, a business can establish or struggle to become profitable in the long term.

Answer 28

false, sufficient

Question 29

(true or false) Business start-up costs also help entrepreneurs identify potential challenges and risks associated with their business idea and develop a financial plan to manage them.

Answer 29

true

Question 30

refers to investing in a firm or other business enterprise with the goal to further its business objectives.

Answer 30

total capital investment

Question 31

it is also refers to capital assets or fixed assests acquired by a firm

Answer 31

total capital investment

Question 32

estimates future sales revenue by analyzing historical sales data and using it to predict future sales patterns.

Answer 32

sales projection

Question 33

(true or false) Businesses use sales projections for long-term planning only.

Answer 33

false, both short and longterm planning

Question 34

are a critical part of any business plan. They allow businesses to set realistic goals and track their progress over time.

Answer 34

sales projection

Question 35

(true or false) Without accurate sales projections, companies may find themselves under- or over-performing against their targets.

Answer 35

true

Question 36

(true or false) if a company is projecting strong sales growth, it may need to hire more staff or expand its facilities. On the other hand, if sales are expected to slow down, they may need to cut costs to stay profitable.

Answer 36

true

Question 37

(true or false) there is guaranteed way to perfectly forecast future sales

Answer 37

false, no guarantee

Question 38

formula in computing profit per unit

Answer 38

Profit per unit = Selling price per unit - Cost price per unit

Question 38

formula in computing overall profit

Answer 38

Overall profit = Number of bottles sold * Profit per unit