Unit 12 Consumer maths Flashcards
(6 cards)
1
Q
Begin your own business
A
Entrepreneur
2
Q
Money, needed to start the business
A
Capital
3
Q
Two types of capital used to start a business
A
Owner capital and Creditor capital
4
Q
1 dollar profit to 20 dollar sales
A
Standard business ratio
5
Q
Two thirds of the capital used to begin should come form where?
A
Owner capital
6
Q
A
