Chapter 8 - Lesson 2

3. A report showing a business’s sales, expenses, net income, and cash flows for a period of time.
5. Provider of investment funds to a new or unproven business in exchange for an equity(ownership) share.
9. Bulk______industries: Are often situated near raw materials, they want to lost or remove unneeded material because the finished product is lighter.
10. Places where potential entrepreneurs can get training in accounting, engineering, and managerial skills, sometimes financing.
11. the distance people are willing to travel to visit a location where the product is sold.
13. Bulk______industries: Are often factories situated close to the market of the finished product
14. minimum proportion of people in a store's range needed for the store to be profitable.
15. The funds left over after all of the firm's expenses are subtracted from its sales.
17. ________merger: when firms produce the same kind of product, join forces.

1. A noncash charge the firm takes for the general wear and tear on its capital goods.
2. _______merger: when companies involved in different stages of manufacturing, marketing, or sales, join together.
4. A firm that typically has at least four businesses, each making unrelated products, none of which are responsible for a majority of its sales.
6. Individuals that help fund start-ups without an expectation of a substantial return on their investment.
7. A corporation that has manufacturing or service operations in a number of different countries.
8. Making a direct funding appeal to a “crowd” of possibly interested investors in a social networking platform.
12. Is a business's proximity either to its consumers or to the source of its inventories or necessary raw materials.
16. The sum of net income and noncash charges such as depreciation.