Business Structures
What does the acronym LLC stand for?
Limited Liability Company
When young, you can be more ___________ when investing. When you get older and closer to retirement, it's best that you become more __________ with your investments.
Aggressive / Conservative or high risk / low risk
The percentage of total sales in a market captured / owned by a company or product
Market Share
How long must I hold an investment for it to be considered a Long-Term Investment?
1 year
A credit score is designed to represent your credit risk, or the likelihood you will pay your bills on time, and can range from
300 - 850
Royalties. Construction Fees. Ad Fees. Limited control. All of these are related to what type of business structure
Franchise
This index is regarded as one of the best gauges of the entire stock market. It is a weighted stock market index of 500 leading publicly traded companies in the U.S.
S&P 500
A company's branding is most synonymous with which of the following?
Reputation
These costs are RELATED to usage and/or sales
Variable Costs
In order to maximize one's credit score according to the experts...
how many lines of credit...?
how many years should one have a line...?
7
This type of business structure allows the owner(s) personal asset protection if they were ever to get sued.
LLC
A risk management strategy that mixes a wide variety of investments
Diversification
Name the 4 P's
Product
Price
Promotion
Placement
Tommy provides car detailings as a business. He charges $110. He spends $20 on expenses per detail, including water, cleaning supplies, and employees. What is Tommy's revenue per vehicle?
$110
According to the experts...
What is the maximum percent one should spend of their credit limit
30%
Of all of the business structures we've learned this semester, which is by far the least risky, but most expensive?
Franchise
The following definition describes which term?: A quarterly pay out of a company's earnings to shareholders.
Dividend
Name 2 examples how grocery stores use Placement in their store
Up to Mr. Bell
A ratio that determines the percentage of sales that has turned into profits
Profit Margin
The balances on all credit lines compared to the combined credit limit
Credit Usage / Utilization
Which business structure experiences Double Taxation?
Corporation. Business Income tax, then taxing of it's shareholders.
in the last 50 years, what is the rate of return of the stock market?
12%
Name 5 examples of a demographic
Up to Mr. Bell
A donut is sold for $4. Cost of Production is $1. What is their profit margin?
75%
Quick Math. Find Joe's Credit Usage:
Card A: $100 spent of $300 limit
Card B: $200 spent of $500 limit
Card C: $100 spent of $200 limit
40%