COST ACCOUNTING
FINANCIAL TERMINOLOGY
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Retained Profit
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Capital
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Net Profit
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Gross Profit
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Detailed explanation-1: -Get venture capital from investors Investors can give you funding to start your business in the form of venture capital investments. Venture capital is normally offered in exchange for an ownership share and active role in the company. Venture capital differs from traditional financing in a number of important ways.
Detailed explanation-2: -According to the U.S. Small Business Administration, most microbusinesses cost around $3, 000 to start, while most home-based franchises cost $2, 000 to $5, 000. While every type of business has its own financing needs, experts have some tips to help you figure out how much cash you’ll require.
Detailed explanation-3: -Amount invested by the owner in the business is called as capital.
Detailed explanation-4: -initial capital or ‘Capital’ means the money that you invest, plus any early investment interest that has been added.