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EOPA MMoultrie2
entrepreneurship pathway
| Term | Definition |
|---|---|
| retained profit | reserves the amount of profit which is kept back from a business for future investment |
| Profitability Ratios | measures the company's ability to generate profits |
| Cash Flow Statement | financial statement the shows the flow of money in and out of the business |
| Equity Financing | money raised from within the firm, from operations or the sale of ownership in the firm |
| Industrial Goods | physical products purchased by companies to produce other products. |
| A treasurer is responsible for... | managing cash funds and raising new funds |
| Activity Ratios | measure the effectiveness of the use of resources from an operational point of view. |
| Grading/Valuing | grouping goods according to size and quality to determine prices for objects |
| Stakeholders | Customers, employees, suppliers, dealers, bankers, media, people engaged in the community ect |
| Specialty Goods | goods that are not mess-produced but rather assembled individually or in limited amounts |