By the end of the 19th century, industrialization had caused factories to get bigger and more expensive. As a result of the demand for capital, or money used for investment, businesses grew larger and larger. These new businesses were called , and they raised money by selling stock.

Ski powder resort ends its fiscal year on april 30. the business adjusts its accounts monthly, but closes them only at year-end (april 30). the resort's busy season is from december 1 through march 31. adrian pride, the resort's chief financial officer, the museums a close watch on lift ticket revenue and cash. the balances of these accounts at the end of each of the last five months are as follows: