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A(n) ____ on a menu performs a specific action, such as saving a file.
Business Profit
The financial gain realized when the revenue generated from business activities exceeds the expenses, taxes, and costs associated with sustaining the business operations.
S Corporations
Corporations that elect a special tax status to pass income, losses, deductions, and credit through to their shareholders for federal tax purposes.
Separate Legal Entity
A legal structure that is distinct and independent from its owners, allowing it to own assets, incur liabilities, and enter into contracts.
Shareholders
Individuals or entities that own shares in a corporation, giving them ownership stakes and sometimes rights to dividends and to vote on corporate matters.
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