Capitalism 101

Generate an image of a vibrant classroom with students engaging in a finance discussion, featuring symbols of capitalism like dollar signs, balance sheets, and graphs in the background.

Mastering Capitalism 101

Test your knowledge of fundamental concepts in capitalism and finance with our engaging quiz! Designed for enthusiasts and learners alike, this quiz covers essential topics such as financial statements, stakeholder roles, and business funding.

Learn key principles of capitalism
Improve your financial literacy
Challenge yourself with thought-provoking questions

10 Questions2 MinutesCreated by CalculatingProfit42

A balance sheet shows performance throughout a defined period

True

False

A business is funded through

Equity

Capital

Cash

All of the above

Depreciation is a cash expense

True

False

EBITDA is listed on audited financial statements

True

False

External stakeholders of a company include (check all that apply)

Board of Directors

Shareholders

Regulators

Lenders

Salaries are part of COGS

Only if they are part of marketing and sales

Only if they are directly linked to labor used to produce the product

Only if they are senior management

Only if they are directly or indirectly linked to labor used to produce the product

What method is not used to extract the useful life of an asset?

Depreciation

Amortization

Liability

Schedule

The company’s ability to pay its bills is measured through the following ratio:

Profitability

Leverage

Liquidity

Gearing

An income statement shows the cash available at a company

True

False

Residual claim is the right of a shareholder

True

False

Capitalism 101

Mastering Capitalism 101

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