To reach profit objectives, entrepreneurs must be aware of their firms' ________.
A)current ratio and liabilities
B)fixed assets and owner's equity
C)assets and liabilities
D)overall financial position and any changes in the financial status

Question

Quizplus · Accepted Answer

Entrepreneurs need to understand their firm's overall financial position and any changes in financial status to make informed decisions that align with their profit objectives. This encompasses all aspects of the firm's finances, including assets, liabilities, equity, and financial performance metrics.

To Reach Profit Objectives, Entrepreneurs Must Be Aware of Their