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.
companies
corporation
stock exchanges
business
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
finance
accounting
25
A stock of a resource from which a person or place can be provided by the necessary amount of that resource
need
demand
supply
want
25
Nations that are behind in technology and industrial revolution
Second World
Third World
Fourth World
First World
25
Economic activity concerned with the processing of raw materials and manufacture of goods in factories
Geography
Corporation
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.
Agriculture
Inventory
Raw Materials
Natural Resources
25
Someone's past experience with jobs or a job and other specific information about your knowledge, etc.
Cover letter
Resume
Skills
Entrepreneur
25
A letter that helps the interview understand more about yourself
Love Letter
Employment Letter
Business 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
S Corporations
Partnership
Corporations
Sole Proprietorship
25
A legal entity that is separate and distinct from its owners
subsidiaries
corporation
shareholders
board of directors
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