Finance Flashcards
(9 cards)
1
Q
What’s owners capital?
A
The owner of savings are invested
2
Q
What’s retained profit
A
Money not disputed to the owners as profit
3
Q
What’s the sales of assets?
A
Goods, et cetera, owned by the business or so to raise money
4
Q
What’s an overdraft draft?
A
A bank makes it available to a business more money than they haven’t their own account
5
Q
What’s a trade credit?
A
A business sounds good after agreeing to pay for them at a later date
6
Q
Wgsts Taking on a new partner
A
The partner invest some of their savings in their business
7
Q
What’s a loan?
A
A certain amount of money borrowed for separate period of time
8
Q
What’s the share issue?
A
New shared assault to raise more money
9
Q
What’s crowd funding?
A
Money is donated or invested by sponsor or people invest to become part owners of the business
