b) Enterprise Budget d) Whole Farm Buugel 7. The table below is an example of what type of budget? a. Cash Flow Budget c. Whole Farm Budget b. Partial Budget d. Checking Budget May July September November October December Summary e. Net Cash Flow - d. Beginning cash balance e. Now operating loan received . Interest paid on oper.loan balance Ending cash balance ted... Operating Loan Balance h. Beginning loan balance 8. Companies should not benchmark against a. Their previous years c. Other companies in different industries b. Other companies in the same industry d. Industry averages 9. The Equity to Asset ratio measures: a. How much companies owe b. How much companies earn c. the percentage of assets the firm owns d. the percentage of assets the bank owns 10. The payback period of a $1.500 investment given the projected cash flows (profits) as follows: Year 1 = $300; Year 2 - $300; Year 3 = $400; and, Year 4 = $500 is: a. 2.5 years c) 3.5 years b. 3.0 years d) 4.0 years 11. The payback period of a $1.000 investment given the projected cash flows (profits) as follows: Year 1 - $300; Year 2 = $300; Year 3 = $400; and, Year 4 - $500 is: a. 2.5 years c) 3.5 years b. 3.0 years d) 4.0 years 12. The future value of a $400 investment that earns 8% compounded annually (once a year) for 10 years will be: a. $857.44 c) $876.45 b. $863.57 d) $883.22 13. The future value of a $400 Investment that earns 8% compounded quarterly (four times a year) for 10 years will be: a. $857.44 $876.45 b. $863.57 d) $883.22