Chapter 3 Test - ECO

payment to stockholder representing a portion of the corporate earnings

• dividend

• partnership

• cash flow

• proprietorship

sum of net income and non-cash charges, such as depreciation

• 
  partnership

• cash flow

• proprietorship

• net income

court-granted permission to an individual or business to cease or delay paying debts

• collective bargaining

• 
  credit union

• 
  bankruptcy

• nonprofit organization

business that is owned and run by one person

• 
  dividend

• partnership

• cash flow

• 
  proprietorship

organization that operates in a businesslike way to promote the collective interests of its members rather than to seek profit for its owners

• nonprofit organization

• bankruptcy

• 
  credit union

• collective barganing

negotiation by a labor union with management over issues such as pay, working hours, and vacation

• collective bargaining

• 
  credit union

• bankruptcy

• nonprofit organization

revenues minus expenses, including taxes

• net income

• 
  stock

• collective bargaining

• credit union

business that is jointly owned by two or more persons

• dividend

• partnership

• cash flow

• proprietorship

ownership certificates in a firm

• stock

• 
  collective bargaining

• credit union

• 
  bankruptcy

financial organization that accepts deposits from and makes loans to employees from a particular company or government agency

• 
  collective bargaining

• credit union

• bankruptcy

• 
  nonprofit organization