Do Entrepreneurs Think Differently Than Other People

question 39

Essay

Do entrepreneurs think differently than other people?

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Definitions:

Capital Lease

A leasing arrangement considered to have the economic characteristics of asset ownership for accounting purposes.

Retained Earnings

The portion of a company's profits that is kept or retained rather than distributed to shareholders or used to pay dividends, often reinvested into the business.

GAAP

Generally Accepted Accounting Principles represent the customary set of rules for financial accounting that are utilized in a particular jurisdiction.