It can help you to determine future sales from a new profit line. It allows you to determine which suppliers need to be replaced. Question 3 (3.333333333 points) Startup costs aren't deductible in the year that a business is started, but they can be amortized over 5 years. 10 years. 15 years. 20 years. Question 4 (3.333333333 points) o Question 4 (3.333333333 points) Cash flow is often a problem for small businesses. How can an entrepreneur increase cash flow? Locate lower-priced suppliers. Forego sending in estimated tax payments to the IRS. Shorten the terms on a bank loan to pay it off more quickly. Sell more low-margin items. Question 5 (3.333333333 points) Profits from a sole proprietorship are reported as taxable income and can be reported as a deduction. are subject to a self-employment tax of approximately 15%. can be deferred to the next tax year. can't be taxed again in a future tax year. Question 6 (3.333333333 points) What system can tell you which items sell well and which sell poorly? An inventory-control system A profit-and-loss system O A refractory system O A cash-flow and profitability system Question 7 (3.333333333 points) To determine depreciation, you simply divide the cost of the asset by its value to the company. current market value. useful life. sentimental value. Time Lell.2.3.47 KURI NILA2 Question 8 (3.333333333 points) How long should sales records such as invoices and monthly statements be stored? 3 years 6 years 9 years Indefinitely Question 9 (3.333333333 points) The taxpayer identification number for partnerships is abbreviated as EIN. ARW. ECN. SSI