Quiz 5: Chapters 9 & 10 PDF

Quiz 5: Chapters 9 & 10 ======================= Chapter 9 --------- **What would be the critical items on a profit and loss (P&L) table?** - - - - - - - P&L. If you present a stream of revenues without recurring revenue, it may be best to rethink the product section of your busine...

Quiz 5: Chapters 9 & 10 ======================= Chapter 9 --------- **What would be the critical items on a profit and loss (P&L) table?** - - - - - - - P&L. If you present a stream of revenues without recurring revenue, it may be best to rethink the product section of your business plan to include add-on products or services to create that recurring revenue. This directly affects your product and services strategies as well as your business model. **Define sale cycle** - - **Define cash burn and expenses** - - - **What are the two approaches for projecting revenue for a new startup?** - - **If you want to deal with patents, what kind of attorney would you use?** - - - - - - **What is revenue recognition?** - **What would be the standard line items in a profitalized statement?** - - - - **What do you mean by cash conversion cycle?** - - - - - - - - - **Cash is King** - **What would be examples of capital investments?** - - - **Revenue investments:** - - **How do investors determine exit evaluation?** - - - **What do you mean by balance sheet?** - **What do you mean by cash flow?** - Chapter 10 ---------- **What are the attributes of a successful entrepreneur?** Venture themes?? - - - - **What is a good number of people on a venture board of directors?** 5 **What is the role of a board of directors?** Protect the interest of shareholders and oversee management **What is the difference between an advisory board and a board of directors?** - - - - - - **Advisory Board members obtain what % of stock?** 0.1-0.2% **Outside members review/receive(?) how much stock?** 1-2% **Partnership profit & losses are reported on what?** Scheduled scale table?? Schedule K1 **What class of stocks do corporations commonly have?** Common stock Preferred stock **What do you mean by:** **LLC** - **Scorp??** - - **Ccorp??** -