1. If you want to know whether a company had a profit or a loss during a specific period of time, which financial statement would be most helpful? (1 point)
statement of owners' equity
cash flow statement
balance sheet
income statement
2. What is the opportunity cost of an investment? (1 point)
the combined values of the other opportunities available
the value of the next most valuable opportunity
the marginal benefit of the investment
the volatility of the investment
3. The costs of running a business are called ___________. (1 point)
startup costs
cash flow
operating ex

Question

1.   If you want to know whether a company had a profit or a loss during a specific period of time, which financial statement would be most helpful?  (1 point)
statement of owners' equity
cash flow statement
balance sheet
income statement
2.   What is the opportunity cost of an investment?  (1 point)
the combined values of the other opportunities available
the value of the next most valuable opportunity
the marginal benefit of the investment
the volatility of the investment
3.   The costs of running a business are called ___________.  (1 point)
startup costs
cash flow
operating ex

anonymous · Answer

1. income statement
2. the marginal benefit the investment (might want someone to double check)
3. startup costs

anonymous · Answer

I would disagree with the answers to 2 and 3 that jayz657 gave you.

With that said, kbrown110, we're here to help you, not give you the answers.  Is there anything you're confused about that's preventing you from solving these?  Most of them would be easy to answer with a quick search on Google.