Business: What´s it all about?

is a special legal form for a business in which the business is a legal entity separate from the owners. A corporation may have a single owner or a large number of owners.

is the name for the resources used to start and run a business.

is a marketplace where buyers and sellers exchange their shares of stock. Buying and selling shares of stock can also be done on the internet.

are the earnings of a corporation distributes to the owners of the corporation

equals all revenues minus all expenses for a specific period of time

are the owners of the corporation.

is an owner´s investment in a company.

is the amount of money borrowed.

makes the goods it sells.

23. [blank_start]Generally accepted accounting principles[blank_end] are the guidelines for financial reporting.