Credit terms like Net 30 or Net 60 influence a company’s [BLANK-1] by determining when cash receipts are expected.

Explain how cost-based pricing and value-based pricing differ for a small business. Provide examples of when each approach is most appropriate and analyze how customer perceptions of value influence pricing decisions.

Describe the advantages and drawbacks of debt financing versus equity financing for a small business.

True or False: Cost-based pricing ignores customer willingness to pay.

Which factor is most important when forecasting cash flow for seasonally driven businesses?

The total sales revenue of a firm is a direct reflection of two components: [BLANK-1] and [BLANK-2].

True or False: A wholesale distributor can reduce the need for owning multiple transportation fleets by aggregating shipments.

Explain how you would build a simple pro forma income statement for a small new venture. Identify the key components and describe how you would use this statement to assess the venture’s financial viability.

Which form of organization typically offers the most liability protection for owners?

    Rubric (20 Points Total) Criteria Full Points Partial Points Limited Points No/Low Credit Points Tinkercad Circuit Implementation Circuit is fully correct, all gates are connected properly, simulation works perfectly, and outputs are accurate for all test cases. Minor connection or labeling mistakes, but the circuit functions correctly with only small issues. Several connection mistakes; circuit partially works but outputs are inconsistent. Circuit is incomplete, incorrect, or does not function in simulation. 10 pts Circuit Diagram Drawing Diagram is neat, complete, and correctly represents all AND, OR, and NOT gate connections with proper labels. Diagram is mostly correct with minor drawing or labeling errors. Diagram is partially correct but contains multiple missing connections or unclear labels. Diagram is incorrect, incomplete, or unclear. 5 pts Truth Table Completion Truth table is fully completed with all outputs correct for every input combination. One minor mistake in the truth table outputs. Multiple mistakes in the truth table, but some correct outputs are shown. Truth table is incomplete or mostly incorrect. 5 pts Total: 20 Points