Directions Read the following questions. On a separate sheet of paper write the best possible answer for each one.

If you want to analyze a company's finances, you would study its balance sheet, profit and loss statement, and $\underline{\phantom{\text{justtext}}}$ statement.

What is the owner's equity of a company that has assets of $750,000 and liabilities of$200,000?

Are you employed in the public or private sector if you work for a company that does computer programming for a government agency? Explain.

List What businesses are in the organizational market?

Contrast How are nonprofit and for-profit organizations different from each other?

What information is reported in a company’s balance sheet? In its profit and loss statement?

If the exchange rate is 13 Mexican pesos for one U.S. dollar, how many pesos would you get for $5,000? Research prices for items such as food and lodging in Mexico. How many days could you afford to stay in Cancun? Use a spreadsheet program to present a report on the daily costs of your trip.

Identify what are the characteristics of the free enterprise system?

Describe how a company’s failure affects the government and consumers.

Explain why DECA is classified as a nonprofit organization?

Explain how the factors of production relate to one another.

Directions Read the following questions. On a separate sheet of paper write the best possible answer for each one.

True or False? A trademark protects a company's invention from being used by another company without permission.

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Profit from Sales Determine the profit a company makes with sales of $\$ 3,540,200$, costs of $\$ 1,820,600$, and expenses of $\$ 1,078,575$. What percentage of sales does the profit represent? Round your answer to the tenth decimal place.

Number and Operations: Choosing an operation The profits of a company equal total sales minus any operating expenses.

*The International Economy and Business Research how companies responded to the global economic crisis in the late $2000$ s. Provide specific examples of bankrupt companies and marketing strategies of companies that remained in business. Share your findings with the class.