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ASAP 22: Which type of cost is the difference between variable cost of selling an extra unit or service and t ney received from the

ASAP
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22: Which type of cost is the difference between variable cost of selling an extra unit or service and t ney received from the buyer of that service? a. Fixed b. Variable. c. Semi-variable d. Contribution Q.23: which has a small demand, but taken as a whole may have a significant market value. is the part of a product range that consists of a multitude of different products, eac a. Short tail b. Long tail c. Ad campaign d. Market penetration Q.24: Virtual companies are sometimes referred to as: a. Micro-Equity. b. Lean start-ups. c. Bootstrapping. d. Angels. Q.25: Which of the following is the best source of funds for first-stage financing? a. Small business investment companies c. Private venture capital companies d. Friends and family b. Public equity market Q.26: A company that has no offices, very few employees, and no communication costs is called: a. Parent Company. c. Corporate Company. b. Virtual Company. d. Self-funding Company. Q.27: In exchange for getting your purchase orders, suppliers may give you a(n): a. Invoice. b. Loan. c.. Line of credit. d. Micro-loan. Q.28: When family and friends are your main investors, you should: a. Not disclose any details of your business plan. b. Only disclose information that they ask about. c. Disclose all information just as they are a regular investor. d. Do not do business with family or friends. Q.29: The three major sections of the Balance Sheet are the: revenues, expenses, and current assets. b) assets, liabilities, and equity. c) cash, fixed assets, and interest payments. d) cash flow, fixed assets and other assets, and debt structure. a) How often the company turns over inventory. b) How long the company has been in business. c) How many months it would take for the company to run out of money. d) The time in which it takes to calculate the COH. Q.30: The "Runway" refers to

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