Title: Unit 7 Glossary
Course: BUS 278 How to Start a Green Business > Section: BUS 278 How to Start a Green Business

Unit 7 Glossary

Terms

Term | Definitions
Balance Sheet | A financial statement that displays both sides of a company’s finances: assets (cash, inventory, property) liabilities (what is owed).
Break Even Analysis | Calculates how much to sell a product or service to cover the expense of acquiring and owning it.
Profit and Loss Statement (P & L) | A financial statement that summarizes for a specific time period the revenues and costs for a business.