Binary Digits Have Only _____ Possible Value(s)

question 35

Multiple Choice

Binary digits have only _____ possible value(s) .

• A) one
• B) two
• C) three
• D) four

Recognize the importance of loan security and the role of collateral.

Explain the process and benefits of obtaining loans through the Small Business Administration (SBA).

Describe various financing options available for small businesses, including equity capital, trade credit, and factoring.

Understand the implications of loan terms such as maturity, interest rates, and repayment schedules.

---

Definitions:

Fixed Costs

Expenses that do not change with the level of production or sales over a short period, such as rent or salaries.

Operating Cash Flow

The cash generated from the normal operating activities of a business within a specific time period.

Net Present Value

Net present value is the difference between the present value of cash inflows and the present value of cash outflows over a period of time, used in capital budgeting to assess the profitability of an investment.

Fixed Costs

Overheads that do not vary with production or sales volumes, encompassing rental fees, salary payments, and premiums for insurance.