period 2 vocab.

Question 1

Individuals that make small investments in an enterprise or to support an entrepreneur where they do not expect an immediate or large return on the investment are called?

Answer 1

Angel Investors

Question 2

Something of value, anything owned such as a house or a peice of paper.

Answer 2

Assets

Question 3

Debt from a bank.

Answer 3

Bank Loan

Question 4

A Loan.

Answer 4

Bond

Question 5

A determination of how many units are needed to sell in order to play all fixed costs.

Answer 5

Breakeven Analysis

Question 6

A company that provides individuals and companies with access to financial markets.

Answer 6

Brokerage

Question 7

Proper business behavior beyond complying with legal requirements.

Answer 7

Business Ethics

Question 8

Funds contributed by investors for a business.

Answer 8

Capital (for equity)

Question 9

Expenditures on equipment the business will use for a long time.

Answer 9

Capital Expenditures

Question 10

Total revenues minus Total expenditures.

Answer 10

Cash flow

Question 11

Cash, publicly traded stocks, government bonds, or corporate bonds that can quickly be turned to cash.

Answer 11

Cash instruments

Question 12

Equipment, inventory, or other goods that are other pleged to the bank in the case that the company cannot make the loan payment.

Answer 12

Collateral

Question 13

The ability to interact in a friendly and effective way with unfamilliar people.

Answer 13

Comfort Engaging With Strangers

Question 14

Money earned when something is sold.

Answer 14

Commission

Question 15

A promise to keep information you learn a secret.

Answer 15

Confidentiallity

Question 16

a situation in which an individual might take an action to their advantage that would be a disadvantage to another person.

Answer 16

Conflict of Interests

Question 17

Until price minus cost of goods.

Answer 17

Contribution Margin

Question 18

Actions entrepreneurs and companies take that beyond their financial self-interests.

Answer 18

Corporate Social Responsibility

Question 19

money owed by a company to a supplier. Ex. I purchase
$10,000 of beauty supplies from a distributer to put in my store. The distributor
gives me 60 days to pay it back. The $10,000 is now in accounts payable for my
company meaning that I owe it to someone.

Answer 19

Accounts Payable

Question 20

Money owed by a customer to a company. Ex. You
purchased a new computer from me for $1,000. You put down $200 and signed
a contract agreeing to pay the remaining $800 within the next 30 days. That
$800 goes into accounts receivable in my company meaning someone owes my
company $800.

Answer 20

Accounts Receivable