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Author Question: When you use your own savings to start a business, you make a profit (Read 81 times)

notis

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Question 1

As a holder of a share of common stock, you are


◦ entitled to a portion of the firm's revenues.
◦ entitled to a portion of the firm's profits.
◦ entitled to a standard percentage return on your investment.
◦ responsible for the liabilities of the corporation.

Question 2

When you use your own savings to start a business, you make a profit


◦ after the first dollar you earn, because you borrowed no funds to start the business.
◦ after you earn an amount equal to the savings you used to start the business.
◦ only after you cover the opportunity cost of using your savings to start your business.
◦ only after you earn double the amount of money you invested.


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Marked as best answer by notis on Apr 19, 2019

nguyenhoanhat

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notis

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review


parshano

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Reply 3 on: Yesterday
Excellent

 

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