Business organization - Revise

The money used to start a business is called

The type of business involving two or more people

• Sole proprietorship

• Public corporation

• Partnership

• Business organization

In a business, the money that you get after all the expenses are paid is called

Kay invests $18,000 in a business that has 3 other partners. The total investment of all partners is $120,000. What percent of the business does Kay own?

Mark owns 40% of the stock in a private corporation. There are 4,200 shares in the entire corporation. How many shares does Mark own?

• 2,200

• 1,680

• 2,759

• 3,562

Three people have started a sports company. The ratio of investments of three partners is 5:3:4. The total investment in the business is $ 2,400,000. What is the investment of the partner that invested the least amount?

Convert into a percentage - 0.358

A business owned by one person is called sole proprietorship.

• True

• False