Johnny's "Joyride Graphics" "Joyride Graphics", a Graphic Design Company, Is a Dream of a Dream

question 28

Multiple Choice

Johnny's "Joyride Graphics"
"Joyride Graphics", a graphic design company, is a dream of Johnny Jackson, a native of Jacksonville. Being in a rural University town, Johnny knows quite a few people. This situation has put Johnny in a dilemma with his business start-up phase financing. He is really confused about where else he can get money other than his own pocket for his "Joyride Graphics".

-As Joyride Graphics moves into the growth phase,which of these would more likely become its dominant financial management need?

• A)Cash flow "smoothing"
• B)Investing to build equity and firm value
• C)Productivity
• D)Cash for marketing

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Definitions:

Indirect Labor

Indirect labor refers to wages paid to employees who are not directly involved in the production of goods or services, such as supervisors and maintenance workers.

Manufacturing

The method of transforming unfinished materials, components, or pieces into final products that satisfy a customer’s expectations or standards.

Product Units

Discrete pieces or quantities of items that have been produced and are often counted, measured, or sold individually.

Flexibility of Practice

The capacity of a firm or practitioner to adjust and adapt procedures or methods in response to different situations or requirements.