When a person is completely out of money or when a company is unable to pay its debits and a court decides all its assets will be sold to pay the creditors.
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eraser
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rocket
Go to first place!
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gift
Win 5 points!
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baam
Lose 10 points!
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15
What is income?
It's the money or financial benefit you gain, especially from an investment.
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trap
No points!
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magnet
Take 15 points!
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shark
Other team loses 25 points!
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lifesaver
Give 20 points!
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What is tax return?
The completion of documentation that calculates an entityâs or individual's income earned and the amount of taxes to be paid to the government or the refund.
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monster
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seesaw
Swap points!
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shark
Other team loses 10 points!
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banana
Go to last place!
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15
What is a distribution channel?
The paths that products and services take on their way from the manufacturer or service provider to the end consumer.
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15
What is down payment?
It is the initial partial payment that is followed by installments you will then pay monthly.
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15
What is crowdfunding?
It's a process of raising money online.
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15
What is profit?
Is your revenue minus the cost of operation
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15
The break-even point is...
the point where the revenue exactly matches the cost of the business
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15
What is revenue?
All the money a company takes for doing what it does.