Standards Database Logo
Home | Browse | Search | Purpose | History | Process | Acknowledgment| Reference

 


 


Topic: Financial statements 

Business Education

 Standard 20.  Understands the financing necessary to start a business
  Level IV (Grade 9-12)
   Benchmark 5.Knows the financial statements a lender would evaluate when considering whether to grant a loan to an entrepreneur (e.g., projected income statement, cashflow statement, balance sheet)
    Knowledge/skill statements
     1.Knows the financial statements evaluated by a lender when considering to grant a loan to an entrepreneur
     2.Knows that a lender would evaluate projected income statements when considering whether to grant a loan to an entrepreneur
     3.Knows that a lender would evaluate cashflow statements when considering whether to grant a loan to an entrepreneur
     4.Knows that a lender would evaluate balance sheets when considering whether to grant a loan to an entrepreneur