Banks are _____________ businesses that offer a variety of services to the public

A creditors analysis of the ability of an individual or business to repay a loan

Which of the following are considered when obtaining a loan?

The cost of using the money provided by a loan

The period of time in which the loan must be paid

Borrowing money that must be paid back over time, usually with interest

The buying and holding of shares on a stock market by firms or individuals with the hopes that income will come from dividends as the price rises

A way to ensure a financial institution will get its money paid back

Amount of money that a business earns in a given period.

The amount a business makes when total revenue exceeds total expenses.

The amount a business loses when the total revenue is less than the total expenses.

Money that is owed. Can accumulate when expenses are higher than income for a business.

The person or company who loans money or extends credit to you is known as the?

All of the following are reasons finances are needed for businesses EXCEPT.

Which of the following is considered a short-term loan?

The difference between your assets and liabilities is called?