Mini-Quiz

• When is a company operating successfully?
• When should a company undergo bankruptcy?
• Who covers company losses?
• What does the income statement tell us?
• What does the balance sheet tell us?
• Why do the sums of assets and liabilities in the balance sheet need to be equal?
• What is the role of banks?
• What is the role of owners?
• What is the role of employees?
• What is expected of suppliers?
• What is expected of customers?
• Why do companies have to pay taxes?

If you want answers to the above questions, then send an email to natalie@lisac-lisac.si.