At the end of the year, an individual, small business owner has made $65,000 in profit. Who does that profit belong to?
A) The company's CEO and top managers
B) The banks from which the business borrowed money
C) All employees of the small business
D) The consumers of the business' products
E) The owner of the business

Question

Quizplus · Accepted Answer

As a small business owner, the profit belongs to the owner. They have invested their time, efforts, and capital into the business and are entitled to the profits generated by it. While employees may receive bonuses or a share of profits through profit-sharing programs, the bulk of the profit goes to the owner. The CEO and top managers may receive salaries and bonuses, but not necessarily a direct share of the profits unless they are also owners or shareholders. Banks and consumers do not have ownership rights to the profits.

At the End of the Year, an Individual, Small Business