A Significant Benefit of Starting Your Own Company Is

question 33

Multiple Choice

A significant benefit of starting your own company is:

• A)more leisure time because there is less of a need to punch a time clock.
• B)contributing to society and being recognized for your efforts.
• C)to be able to choose who you work with or don't work with.
• D)more job security than working for a large corporation.

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Definitions:

Residual Income

Income that remains after all costs and expenses, including the cost of capital, have been subtracted from net revenues.

Riskiness Of Investments

The degree of uncertainty associated with the returns on investments, indicating the potential to lose some or all of the original investment.

Investment Turnover

A financial ratio that measures the efficiency of a company's use of investments in assets to generate sales or revenue.

Return On Sales

A financial ratio that calculates the percentage of sales revenue that has turned into profits, indicating how efficiently a company is operating.