Income Categories Quiz

What is the primary purpose of income for a business?

• To expand the customer base

• To cover expenses and determine profitability

• To increase employee salaries

• To reduce taxes

Which of the following is NOT considered capital income?

• Sales revenue

• Shares

• Loans

• Mortgages

What is a key characteristic of a debenture?

• It is used to purchase inventory

• It is a type of short-term loan

• It is a form of debt instrument

• It represents ownership in a company

How does Apple primarily raise capital income?

• By selling products

• By issuing bonds

• By taking out loans

• By issuing shares

What is the main source of revenue income for most businesses?

• Rent received

• Discounts received

• Sales revenue

• Interest received

Which of the following is an example of revenue income?

• Debentures

• Mortgages

• Commission received

• Owner's capital

What type of income is generated from leasing properties?

• Sales revenue

• Interest received

• Rent received

• Discount received

How can businesses earn income through discounts?

• By reducing employee wages

• By increasing product prices

• By receiving discounts from suppliers

• By offering discounts to customers

What was McDonald's sales revenue in 2022?

• Over 23 billion US dollars

• Over 10 billion US dollars

• Over 50 billion US dollars

• Over 5 billion US dollars

How does McDonald's use its sales revenue?

• To reduce product prices

• To cover operating expenses and drive growth

• To pay off debts

• To invest in real estate