The Small Business Administration Defines a Small Business as One

question 140

Multiple Choice

The Small Business Administration defines a small business as one with 500 or fewer _____.

• A) investors
• B) customers
• C) employees
• D) products

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Definitions:

Cash Dividends

Profits distributed by a corporation to its shareholders in the form of cash.

Cash Equivalent

Short-term, highly liquid investments easily convertible to known amounts of cash and so near their maturity that they present minimal risk of changes in value.

Liquid

Describes an asset's ability to be quickly converted into cash without significant loss in value.

Maturity Date

The maturity date is the specified date on a financial instrument at which the principal (or final payment) is due to be paid to the holder.