Start-up
Raising money through a loan to be paid later.
What is debt capital?
A snapshot of what the business has and what it owes at a certain time.
What is balance sheet?
When companies collect accounts receivable faster by this transaction.
What is factoring?
Evaluates financial performance of a company by dividing one number by another.
What is financial ratio?
A type of loan used to finance the purchase of real estate.
What is a mortgage?
Raising capital by selling shares in the company to investors.
What is equity capital?
A commercial document recording a request for payment or products and services provided.
Wat is an invoice?
An index of all the financial accounts in a company.
What is a chart of accounts?
ROI= equals net profit/ total assets.
What is return on investments?
The point at which the costs and revenue in a business are equal.
What is a breakeven analysis?
A preset borrowing limit that can be used at any time like a credit card and pay interest on what you used.
What is a line of credit?
It summarizes the income and expenses for a fixed period of time.
What is an income statement?
It includes everything that is in the business accounts such as checking, savings, and short term investments.
What is cash?
ROE= net profit/ owners equity.
What is return on equity?
Provide financing to small businesses in exchange for partial ownership.
What is a venture investor?
Something of value pledged as security for repayment of a loan.
What is collateral?
It shows how much cash came into and out of the business and where it came from and went out over a given period of time.
What is a statement of cash flow?
The total amount of income to be received from outside parties.
What is accounts receivable?
Can be changed over to cash easily.
What is liquid assets?
A professional responsible for overseeing the financial condition of a company and sets strategies to achieve financial goals.
What is a financial manager?
SBA refers to this.
What is small business administration?
Technical systems used to keep accounting records organized and saved.
What is accounting software?
Assets that will last more than one year such as equipment and property and investments.
What is fixed assets?
Cannot be quickly converted into cash and require time to sell or convert.
What is illiquid assets?
A professional responsible for displaying financial records of a business and keeping the books organised.
What is an accountant?