In Order for a Business to Be Successful, It Must

question 192

True/False

In order for a business to be successful, it must be organized, it must satisfy needs, and it must make a profit.

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Definitions:

EAR

Effective Annual Rate, a representation of an interest rate that takes into account the compounding of interest, shown as an annual rate.

Preferred Stock

A type of stock that entitles the holder to a fixed dividend, whose payment takes priority over that of common-stock dividends.

Dividend

A portion of a company's earnings that is distributed to shareholders, typically in the form of cash payments or additional shares.

Rate Of Return

The fiscal benefit or detriment arising from an investment over a certain period, computed as a percentage of the initial cost of the investment.