1. The part of the reading that stuck out to me the most was the cash-flow budget. I thought cash-flow was just the sales that the company made but the paragraph on cash-flow budget taught me that it also includes cash payments and loan proceeds. This tells me that there is more to making money in a business than just cash sales.
2. The portion of the reading that confused me the most was the paragraph on contributed capital. In the paragraph, there never was a definition of contributed capital so that is what confused me the most.
3. The first question I would ask the author is, "Which portion of financial preparation is the most important for an entrepreneur in your opinion?" I would ask this to get their prospective on which they though was the most important. The second question I would ask the author is, "Why would an entrepreneur use the internal rate of return method if it is so complex?" I would ask this because if I was starting a business I would like to use the easiest way possible.
4. I took financial accounting last summer and everything in this chapter was the same as what I learned in class so there is nothing that I disagree with the author on.
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