2 DQ’s need to be answered today by 3pm EST. On time work no Plagarism. PLEASE READ before accepting work

Plagarism 300 word count for each question. Please put all answers under quewstions.

DQ 1 – How would you explain the following terms in regards to your business? Cash flow, profit, variable costs, fixed costs. total costs, ROIC, hurdle rate, estimated taxes, exempt and non-exempt labor.

DQ 2 – Outline the costs we need to be cognizant of when starting up a small business. ( note, question is starting, not operating) Why is it as important to have a good record-keeping system for a small business, as it is for a corporation?