Ent 2113 Final questions with complete
solutions to pass
Perquisites - correct answer ✔✔"perks" Owners use this to minimize tax owed by
the organization
asset valuation - correct answer ✔✔involves accounting for all of the hard assets
of the organization
capitalization of earnings valuation - correct answer ✔✔net profits divided by
capitalization rate
market estimation valuation - correct answer ✔✔taking the earnings (or projected
earnings) of the business and multiplying that figure by the market premium of
companies in their industry
Turnaround - correct answer ✔✔effort to save an entrepreneurship business that
is in delcine
trademark - correct answer ✔✔legal protection of an intellectual property that is
associated with a specific business
patent - correct answer ✔✔covers a specific innovation
Subchapter S corporation - correct answer ✔✔a new business formed as a simple
protected corporate form
, Subchapter C corporation - correct answer ✔✔A corporation taxed separately
from his owners
Sole Proprietorship - correct answer ✔✔The simplest form of business, in which
the owner is the business.
partnership - correct answer ✔✔a more complex form of business, includes
general and limited
limited partnership - correct answer ✔✔can work for the firm but may not be
involved in the management of the organization
general partnership - correct answer ✔✔general partner is considered the
manager of the firm and has unlimited liability for any debts or judgements
against the firm
draws - correct answer ✔✔distribution of funds from the business
copyright - correct answer ✔✔can be claimed on creative materials generated
weather published or unpublished
contract - correct answer ✔✔an agreement between two parties to perform
certain activities for some consideration
board of advisors - correct answer ✔✔may be formed at the digression of the
founders, formed of individuals outside the business that advise the firm
solutions to pass
Perquisites - correct answer ✔✔"perks" Owners use this to minimize tax owed by
the organization
asset valuation - correct answer ✔✔involves accounting for all of the hard assets
of the organization
capitalization of earnings valuation - correct answer ✔✔net profits divided by
capitalization rate
market estimation valuation - correct answer ✔✔taking the earnings (or projected
earnings) of the business and multiplying that figure by the market premium of
companies in their industry
Turnaround - correct answer ✔✔effort to save an entrepreneurship business that
is in delcine
trademark - correct answer ✔✔legal protection of an intellectual property that is
associated with a specific business
patent - correct answer ✔✔covers a specific innovation
Subchapter S corporation - correct answer ✔✔a new business formed as a simple
protected corporate form
, Subchapter C corporation - correct answer ✔✔A corporation taxed separately
from his owners
Sole Proprietorship - correct answer ✔✔The simplest form of business, in which
the owner is the business.
partnership - correct answer ✔✔a more complex form of business, includes
general and limited
limited partnership - correct answer ✔✔can work for the firm but may not be
involved in the management of the organization
general partnership - correct answer ✔✔general partner is considered the
manager of the firm and has unlimited liability for any debts or judgements
against the firm
draws - correct answer ✔✔distribution of funds from the business
copyright - correct answer ✔✔can be claimed on creative materials generated
weather published or unpublished
contract - correct answer ✔✔an agreement between two parties to perform
certain activities for some consideration
board of advisors - correct answer ✔✔may be formed at the digression of the
founders, formed of individuals outside the business that advise the firm
