2.2 - financial planning Flashcards by Charlie Williams

Q

What is sales forecasting?

A

Predicting future sales

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Q

What is correlation?

A

The relationship between two variables

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Q

What is a moving average?

A

Smoothing out fluctuations in data

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Q

What is break even?

A

When a profit makes neither a profit or a loss

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Q

Contribution per unit is

A

The selling price without the variable cost

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