Connie Owns a Small but Growing Company That Produces Gorilla

question 23

Multiple Choice

Connie owns a small but growing company that produces gorilla glass for smartphones.One possible source of funding might be:

• A)Dell Computers,a well-known PC manufacturer.
• B)Intel,who produces computer chips.
• C)Microsoft,a company that markets software applications.
• D)Samsung,who sells smartphones.

---

Definitions:

Residual Income

The amount of income that remains after all personal debts and expenses have been paid.

Minimum Acceptable

The lowest level or standard that is satisfactory or allowable.

Income From Operations

Represents the profit from a company's core business operations, excluding deductions of interest and taxes.

Profit Margin

A financial metric that measures the percentage of revenue that exceeds the cost of goods sold, indicating the profitability of a company.