unit 1 definitions 0.0 / 5 ? BusinessASAll boards Created by: jamesCreated on: 17-05-13 13:22 this is an external contact who provides a business with support and advice, sometimes for free. Adviser 1 of 7 a fixed amount loan from a bank which is usually used to fund long term assets. Bank loan 2 of 7 borrowings from a bank on a current account which are payable on demand. Bank overdraft 3 of 7 the point at which the total sales of a business equal total cost, where the business is not making a profit or a loss. Break even 4 of 7 the movement of cash in and out of a business. cash flow 5 of 7 the difference between total sales and total variable costs. Contribution 6 of 7 the amounts incurred by a business as a result of its trading operations. cost 7 of 7
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