Business Terms
Money used to start a business
Capital
Michelle invests $15,000 in a partnership that has four other partners. The total investment of all partners is $240,000. What percent of the business does Michelle own?
6.25%
institution through which stocks are bought and sold
Stock Market
What does DJIA stand for?
Dow Jones Industrial Average
These guys go to meetings to make sure their investment is in order.
shareholders
Business Owned by One person
Sole proprietorship
The total number of shares of stock in the Bulls Corporation is 650,000. Mike owns 12% of the shares. How many shares of Bulls Corporation stock does he own?
78,000 shares
Two types of Stock Markets
NASDAQ and NYSE
Who invented one of the first Stock Ticker Machines?
Thomas Edison
This type of corporation is where anyone can buy and sell stocks.
public corporation
business organization that can be owned by one person or a group of people
Corporation
Three partners are investing a total of $900,000 to open a garden and landscaping store. Their investments are in the ratio 2:3:5 . How much does the partner that invested the least contribute?
$180,000
price per share of the last trade made for a stock
Last
number of shares traded in a single transaction
trading volume
This tells you what company you are dealing with.
stock symbol
money left after all expenses are paid
profit
Two partners are starting a wedding planning business. The total investment is $45,000. Their investments are in the ratio 4:5. How much does each investor contribute?
$20,000 and $25,000
last price at which a stock was traded during a regular day’s trading session
close
indicates greater than or less than previous day’s closing price
directional arrows
Solve: 2000(5%)(7/12)
What is $58.33
owner responsible for any losses
personally liable
Elisa owns 28% of the Grudman Corporation. The rest of the shares are own equally by the remaining six shareholders. What percent of the corporation does each of the shareholders own?
12%
change between previous day closing price and current day’s closing price
net change
letter or letters used to identify a corporation whose shares are traded on a stock market
Stock Symbol
Reorder the following: 6 1/4%, 6.24%, 6 2/3%, 6.15%, 7%
What is 6.15%, 6.24%, 6 1/4%, 6 2/3%, 7%?