Assignment Questions
You learned about business finance. Now, you'll apply what you learned.
1. For this assignment, choose a type of company that you could imagine yourself starting. Describe the type of company. (1-4 sentences.)
2. Describe at least two sources you would use for funding your company. (1-2 sentences.)
3. Would you rather fund your company using mostly debt funding, or mostly equity funding? Why? (1-5 sentences.)
4. Make a list of at least 3 startup costs this company would have. (Complete sentences are not necessary.)
5. Will your company use cash-basis or accrual-basis accounting? Explain why. (1-3 sentences.)
6. Will you use single-entry bookkeeping or double-entry bookkeeping? Explain why. (1-3 sentences.)
7. List at least 3 risks your company will face, and explain how you will manage those risks. (1-6 sentences.)