9 When preparing a projected income statement, revenues and expenses should both be estimated on the high side. * (1 Point) O True O False 10 The "net operating cash flow" on a projected cash flow statement is the difference between the cash inflows and cash outflows. * (1 Point) O True FalseWhich form of business ownership is able to raise capital the easiest? * (1 Point) 0 Sole proprietorships O Partnerships O Corporations 0 All forms of business ownership are able to raise capital easily 15 Which of the following is an example of a "variable" expense? * (1 Point) O Manager's Salary O Employee Wages O Rent All are examples of fixed expensesTaxes are a disadvantage of which form of business ownership? * (1 Point) O Corporations O 8019 Proprietorships O Partnerships 0 Taxes are a disadvantage of all of these forms of ownership