Entrepreneurship Chapter 9

A(n) __ statement describes the way cash flows into/out your business over a period of time

Loans that are backed by collateral are called

The dollar value of the goods or services a business sells to customers is called

What is a line of credit?

___ is the difference in what you own and what you owe.

What does debt-to-equity ratio measure?

___ capital is money invested in a business in return for a share in the profits of a business

___ capitalists are individuals or companies that make a living investing in startup companies

__ capital is money loaned to a business that the money will be repaid, usually with interest

An income statement can help a business owner do all of the following EXCEPT

Which of the following financial statements shows how much money you have to pay your bills?

Joe writes a check to pay for his store's monthly rent. This transaction should be recorded in?

A list of people who receive salary or wage payments from a business is called a(n)

Things you owe are referred to as your

Which of the following is an example of a current asset?

Property that borrow forfeits if he/she defaults on a loan is called ____