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
money earned when something is sold
commision
a promise to keep information you learn secret
confidentiality
a situation in which an individual might take an action to his/her advantage that would be to the disadvantage of a person or company that believes this individual is serving them
conflict of intrests
unit price minus cost of goods sold
contribution margin
actions entreprenuers and companies take that go beyond their financial self interest
corperate social responsibility
complete two part self assesment
self assesment
complete online credit application
micro enterprise credit application
register a fictious buisness on geaux biz student portal
company registration
online certification exam
credential online rest
small business
micro enterprise
baton rouge area chamber are the creators of the micro enterprise certfication
BRAC
online program that provides unlimited access to industry reports in all careers
nepris
enterprise credential you must complete five components
to obtain regional micro enterprise
