Posted: April 11th, 2016

Cash flow refers to?

1 Cash flow refers to?
A accounts payable. b cash coming in and going out. c money available for investment. d money due from creditors.
2 a super well contains?
Aliquors above 90 proof. b premium brands.
3 in control states, alcoholic beverages for resale?
A are purchased from independent wholesalers. b must be bought from state stores.
c are regulated by individual counties. d are limited to fortified wine and beer.
4 a broken case contains?
A empty whiskey bottles. b broken whiskey bottles. c bottles of various brands.
d nothing (contents stolen)
5 to find your inventory turnover rate, you must divide ?
A inventory by purchases. b sales by inventory. c inventory by sales.d costs for the period by average inventory.
6 the initials ROI stand for ?
A rate of income. b revenue over income. c receipts or investments.
c return on investment.
7 the percent of sales figure is known as?
A percentage cost. b an unallocable expense. c a break even point. d profit before taxes
8 in a ********system, drinks are entered on the guest check but not paid for until the customer is ready to leave?
A flowing bar. b running tab. c cash register. d lend lease.
9 drink size refers to the amount of****** per drink.?
A alcohol. b water. c standardized recipe. d prime ingredient.
10 joe s sports bar, located a mile from the bar you re planning to open, has atmosphere and services similar to your planned ones. joe s is an example of a ?
A service encounter. b primary competitor. c service scape.d market segment.
11 the two major components you must condider when creating atmosphere are?
Aphysical factors and human factors. b entertainment and customer service. c location and pricing.d cost factors and market segment.
12 the most effective form of advertising, which the entrepreneur can approach only indirectly, is? A direct mail. b newspaper. c outdoor advertising. d word of mouth..
13 the prime ingredient method of pricing is based upon?
A cost of a standard amount of the base liquor. b costing the recipe. c cost of ingredients/liquor cost percentage. d using two prices:well brand and call brands.
14 positioning involves which of the following pairs of elements?
A competitors and profit. b customers and competitors. c customers and position. d patience and profit.
15 ************ are good for starting word of mouth promotions?
A fresh ices. b market researches.c specialty drinks. d clean glasses.
16 a news story for attracting new customers to your bar should be?
A 1 2 pages long. b single spaced. c addressed to the chief editor. d handwritten.
17 which of the following was characteristic of alcohol sales in colonial america?
A man became tavernkeepers only if their fathers were tavernkeepers. b liquor was available anytime. c there were no taxes on alcohol. d it was forbidden to sell liquor to servants.
18 distilled spirits are taxed at ************ per proof gallon ?
A $6.50. b $8.50. c $13.50. D $20.50
19 which of the following regarding the raising of the drinking age to 21 is true.?
A the drinking age was raised to satisfy insurance companies. b the new law was intended to clamp down on negligent local governments. c the district of columbia is the only part of the U.S that hasn t raised the drinking age to 21. d the federal government refused highway funding to any states that didn t raise their drinking age