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Cash outflows
________- Money going out of the business.
fundamental tool
A(n) ________ used by a business that shows the income and expenditure of a business over a period of time, and can be used to calculate profit.
Owners Equity
________ is the money contributed by the owners of the business.
Non Current liabilities
________- Takes more than a year to repay.
Assets
________ are items of value owned by a business.
Cash inflows
________- Money coming into the business.
Current liabilities
________- Can be repaid within a year.
owners equity
Gives information of a businesses assets, liabilities and ________ at a given point of time.
Finance
Sources/Expenditure of funds
Marketing
Plan, price, promote + distribute products
Human Resources (HR)
Relation between employees and employers
Cash inflows
Money coming into the business
Cash outflows
Money going out of the business
Net Cash Flows
Difference between cash inflows and cash outflows
Current assets (Can be turned into cash in a year)
cash, inventory
Non Current assets (assets that takes longer than a year to be turned into cash)
house, car
Current liabilities
Can be repaid within a year
Non-Current liabilities
Takes more than a year to repay
OE = capital + net profit
drawing
Note
Flashcard