test 1 Flashcards
money owned by a company to a supplier
accounts payable
money owned by a customer to a company
accounts recievable
individuals that make small investments in an entreprise or to support on entreprunuer where they do not expect an immediate or large return on the investment .
angel investors
something of value .
assests
debt from a bank
bank loan
a loan
bond
a determination of how many units are needed to sell in order to pay for all fixed costs
breakeven analysis
a company that provides indiviuals and companies with access to financial markets .
brokerage
proper business behavior beyond complying with legal requirments
business ethics
funds contributed by investors to a business
capitol or equity
expedentures on equipment the buisness will use for many years
capitol expedentures
total revenues minus total cost minus one
cash flow
cash,publicly traded stocks , government bonds or coorperate bonds that can be quickly turned into cash.
cash instruments
equipment , inventory or other goods that are pledged to the bank in the case the company cannot make a loan payment
collateral
the ability to interact in a friendly and affective way with unfamiliar people.
comfort engaging with strangers
