Entrepreneur IQ Quiz: Test Your Business Acumen with 10 Questions
Test your business acumen with our 10-question IQ quiz for entrepreneurs. Discover your strengths and areas for growth in the business world.
LD Web Desk 1. A company has a net profit of $250,000 and total sales of $1,000,000. What is its return on sales (ROS)?
20%
25%
30%
35%
Correct Answer
Wrong Answer
2. If a company’s stock has a beta of 1.2, what can be inferred about its volatility compared to the market?
Less volatile than the market
Same volatility as the market
More volatile than the market
Cannot determine from beta alone
Correct Answer
Wrong Answer
3. A product is sold for $75, and its cost is $50. What is the markup percentage?
40%
45%
50%
55%
Correct Answer
Wrong Answer
4. If a company’s current assets are $400,000 and its current liabilities are $200,000, what is its working capital?
$150,000
$175,000
$200,000
$225,000
Correct Answer
Wrong Answer
5. A business has a net income of $180,000 and shareholder's equity of $900,000. What is the return on equity (ROE)?
15%
18%
20%
22%
Correct Answer
Wrong Answer
6. If a business's sales grow from $600,000 to $750,000, what is the percentage growth in sales?
20%
25%
30%
35%
Correct Answer
Wrong Answer
7. A business owner invests $50,000 in a project that yields a 10% annual return. How much will the investment be worth in 3 years, assuming annual compounding?
$60,500
$66,550
$61,500
$62,050
Correct Answer
Wrong Answer
8. If a company's quick ratio is 1.5, what can be inferred about its liquidity?
High liquidity
Low liquidity
Same liquidity as industry average
Cannot determine from quick ratio alone
Correct Answer
Wrong Answer
9. A company's operating income is $400,000, and its net income is $300,000. What is the company's tax burden ratio?
70%
75%
80%
85%
Correct Answer
Wrong Answer
10. If a company has an inventory worth $200,000 and the cost of goods sold (COGS) is $800,000, what is its days inventory outstanding (DIO)?
60 days
70 days
80 days
90 days
