Operating Costs

Accounts Payable

Cash Flow

Startup Costs

Gross Profit

Angel Investor

1.
An investor who provides money to a business in exchange for debt or equity

2.
Cost of starting up a business until it can pay for itself

3.
Cost of actually running a business

4.
The movement of money in or out of a business

5.
Total Revenue - Cost of Goods Sold

6.
Amounts of money the company owes to other companies for products

If a company’s employees are angry about their work, a visiting auditor may also become agitated, illustrating the power of

Which of the following is not a personality trait? sincerity word processing punctuality laziness

Which of the following statements is correct? large corporations are taxed more favorably than sole proprietorships. corporate stockholders are exposed to unlimited liability. due to limited liability, unlimited lives, and ease of ownership transfer, the vast majority of u.s. businesses (in terms of number of businesses) are organized as corporations. most businesses (by number and total dollar sales) are organized as partnerships or proprietorships because it is easier to set up and operate in one of these forms rather than as a corporation. however, if the business gets very large, it becomes advantageous to convert to a corporation, mainly because corporations have important tax advantages over proprietorships and partnerships. most business (measured by dollar sales) is conducted by corporations in spite of large corporations’ often less favorable tax treatment, due to legal considerations related to ownership transfers and limited liability.