Drew and Tammy Decide to Start a New Cake-Decorating Business

question 218

Multiple Choice

Drew and Tammy decide to start a new cake-decorating business.They each contribute $10,000 to get the business off the ground.This money is considered

• A) sales revenue.
• B) long-term debt.
• C) equity capital.
• D) short-term financing.
• E) cash flow.

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Definitions:

Angered Easily

A characteristic describing individuals who have a low threshold for anger, often reacting with frustration or hostility to situations that others might find tolerable.

Type A Behavior Pattern

A behavior pattern marked by a sense of time urgency, impatience, excessive competitiveness, hostility, and anger; considered a risk factor in coronary heart disease.

Coronary Heart Disease

A disease characterized by the narrowing of the coronary arteries, leading to a decreased supply of blood and oxygen to the heart.

Mental Illness

A broad range of conditions affecting mood, thinking, and behavior, impacting a person's ability to function in everyday life.