Week 28: Innovators Quiz

What is known as the money it costs to run a business?

• Loss

• Income

• Profit

• Expenses

What is left over after a business pays all its expenses?

• Debt

• Loss

• Income

• Profit

If it costs $0.60 to make a cup of lemonade and it's sold for $0.80, what is the profit?

• $0.10

• $0.40

• $0.20

• $1.40

What happens when the expenses of a business cost more than the income it makes?

• Break-even

• Investment

• Profit

• Loss

Who used an assembly line to reduce production costs?

• Annie Malone

• Henry Ford

• Sonia Clayton

• Mikaila Ulmer

What did Annie Malone develop?

• Cars

• Technology solutions

• Lemonade

• Hair products

What is the main purpose of Mikaila Ulmer's lemonade stand?

• To win a competition

• To save honeybees

• To make a profit

• To sell in grocery stores

What company did Sam Walton start?

• A car manufacturing company

• A lemonade stand

• Wal-Mart

• A hair product company