MONEY

Front

A company sells shirts for $12 each. It costs them $500 to start their business. After selling 10 t-shirts, do they have a profit or loss?

Back

loss

Front

Michelle walks dogs for $5 each. She has no expenses to begin her business. After walking how many dogs will she have a profit of $25?

Back

5

Front

Profit is...

Back

money left over after paying expenses

Front

When will a business have a loss?

Back

When they make less money than spent on expenses.

Front

Income is...

Back

money made from doing a job

Front

Expenses are...

Back

things used to start and run a business

Front

All businesses will make a profit.

Back

FALSE

Front

Saving some money in the bank and having money for needs is...

Back

financially responsible

Front

What would be an expense for Mr. Wilt's flower shop business? Options: soil, sun, consumers

Back

soil

Front

What is a capital resource for Mr. Wilt's flower shop business? Options: water, sun, watering can, soil

Back

watering can