EASY
Individuals that make small investments without expecting the money to be returned to them.
What is angel invester?
What is account recievable?
A company that provides entrepreneurs with access to financial markets.
Brokerage
Proper business behavior beyond complying with legal requirements.
What is Business ethics?
A determination of how many units are needed to sell in order to pay for fixed costs.
What is breakeven analysis?
Money owed by a company to a supplier. The supplier trusts the company to pay the account balance back upon the agreed terms.
What is Account Payable?
Funds contributed by investors to a business and businesses are expected to give investors a portion.
What is capital (or equity)?
Unit price minus costs of goods sold.
What is Contribution Margin?
Cash, publicly traded stocks, government bonds or corporate bonds that can be quickly turned into cash.
Individuals and companies often promise each other to keep information hidden from the public.
What is confidentiality?
Something of value. Can be big as a house or car or as little as jewelry.
What is assets?
Expenditures on equipment the business will use for many years.
What is capital expenditures?
The ability to use computers for basic tasks.
What is Computer Literacy?
Money earned when something is sold.
Commission
A situation in which an individual might take an action to his/her advantage that would be harmful to the people they do business with.
What is conflict of interest?
Are less expensive than online lines of credit.
What is a bank loan?
Total revenues minus total costs.
What is Cash Flow?
A corporation is a person in the eyes of the law.
What is corporation?
Funds lent to a business with an agreement that the business will repay the lender with interest.
Actions entrepreneurs and companies take that go beyond their financial self-interest. These actions are voluntary but often reflect their personal beliefs or business leaders about what their companies can or should accomplish.
What is Corporate Social Responsibility?
Security that investors buy and sell on account of a legal obligation from the company that issued it.
What is bond?
Equipment, inventory or other goods that are pledged to the bank if the company can not make a payment on their loan.
Collateral
Costs that make up one unit of what you sell.
What is cost of goods sold?
A person or a business with a strong credit score & the financial resourcs that make it likely rthat t hey will be ableto repay any loan.
What is credit worthiness?
A loss that an insurance company will take care of in the event of an accident taking place.
What is covered loss?