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Opening your own business
Terms in this set (15)
run a business
have your own business
set up a company
start a company
do market research
to do research into what potential customers would or wouldn't buy
call the shots
to make the decisions; to be in charge
take the plunge at
make a big decission
identify sth. important that must be done first
start from scratch
to start from nothing
ways in which people express their leadership
tap into your savings
use your savings
use excessive authority to control people
situation good for you
money received, especially on a regular basis, for work or through investments.
pump all the money into
put all the money into
A person who organizes, manages, and takes on the risks of a business.
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Identify and briefly compare the two leading stock exchanges in the United States today.
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Which of the following statements is most correct? a. If a firm’s expected basic earning power (BEP) is constant for all of its assets and exceeds the interest rate on its debt, adding assets and financing them with debt will raise the firm’s expected return on common equity (ROE). b. The higher a firm’s tax rate, the lower its BEP ratio, other things held constant. c. The higher the interest rate on a firm’s debt, the lower its BEP ratio, other things held constant. d. The higher a firm’s debt ratio, the lower its BEP ratio, other things held constant. e. Statement a is false; but statements b, c, and d are true.
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