| A | B |
|---|
| income statement | A report showing a business's sales, expenses, net income, and cash flows for a period of time. |
| net income | measure of business profits determined by subtracting all expenses, including taxes, from revenues. |
| depreciation | gradual wear on capital goods |
| cash flow | total amount of new funds business generates from operations; net income +noncash charges. |
| horizontal merger | combination of firms producing the same kind of product.vertical mergercombination of fimr involved in different steps of manufacturing, marketing, and sales |
| vertical merger | combination of firms involved in different steps of manufacturing, marketing, or sales. |
| merger | combination of 2 or more business enterprises to form a single firm |
| conglomerate | A firm that typically has at least 4 businesses. |
| multinational | a corporation that has manufacturing or service operations in a number of different countries. |
| incubators | places where entrpreneurs can receive training and assistance to build a successful start up business. |
| venture capitalist | provider of investment fundsto a new or unproven business in exchange for partial owenrship of the business |
| angel investors | informal and usually affluent investors who provide funds to less promising start-ups. |
| crowdfunding | using social networking to appeal to potential investors. |
| Entrepreneurial funding for start ups | incubators, venture capitalists, angel investors, and crowdfunding |
