cash flow and survival

?
definition of profit
money made after subracting expenditures
1 of 10
definition of loss
when revenue is less than costs
2 of 10
definition of costs
the expenses of the business
3 of 10
definition of revenue
Income from the sale of goods and services over a period of time.
4 of 10
definition of cash
money that the business has available to it
5 of 10
definition of forecast
a technique where the business attempts to estimate future sales, cash flow or other financial variables
6 of 10
definition of cash flow forecast
A prediction of future flows of cash into and out of a business set out in a chart
7 of 10
definition of net cash flow
The difference between inflows and outflows.
8 of 10
definition of opening balance
the money the business has to start the month
9 of 10
definition of closing balance
the amount of cash the business has at the end of the month
10 of 10

Other cards in this set

Card 2

Front

definition of loss

Back

when revenue is less than costs

Card 3

Front

definition of costs

Back

Preview of the front of card 3

Card 4

Front

definition of revenue

Back

Preview of the front of card 4

Card 5

Front

definition of cash

Back

Preview of the front of card 5
View more cards

Comments

No comments have yet been made

Similar Business Studies resources:

See all Business Studies resources »See all Finance resources »