The final reward that a business earns in sales (revenue) minus expenses is called?
Profit
25
NASDAQ and NYSE are two largest ______ in the U.S.
business
corporation
companies
stock exchanges
25
The balance sheet documents a company's financial health at specific points in time. What is the accounting equation?
Asset = Liabilities - Equity
Asset = Liabilities + Equity
Asset = Liabilities + Expense
Asset = Liabilities - Expense
25
The management of large amounts of money, by governments or large companies are called?
corporation
economic growth
accounting
finance
25
A stock of a resource from which a person or place can be provided by the necessary amount of that resource
demand
need
supply
want
25
Nations that are behind in technology and industrial revolution
First World
Fourth World
Third World
Second World
25
Economic activity concerned with the processing of raw materials and manufacture of goods in factories
Corporation
Geography
Economy
Industry
25
Materials or substances such as minerals, forests, water, and fertile land that occur in nature and can be used for economic gain.
Natural Resources
Inventory
Agriculture
Raw Materials
25
Someone's past experience with jobs or a job and other specific information about your knowledge, etc.
Skills
Cover letter
Resume
Entrepreneur
25
A letter that helps the interview understand more about yourself
Business Letter
Employment Letter
Love Letter
Cover letter
25
2 different business that come together and both have an even share on things
Partnership
25
A business that is owned by a single/ one person
Partnership
Corporations
Sole Proprietorship
S Corporations
25
A legal entity that is separate and distinct from its owners
board of directors
shareholders
subsidiaries
corporation
25
A group of people that have been identified as the most likely potential customers for a product because of their shared characteristics such as age, income, and lifestyle
Target Market
25
When a company is in debt and can't pay their bills. They most likely will declare?
Bankruptcy
25
What do you call an estimate of income and expenditure for a set period of time