2.3 Flashcards

1
Q

types of profit

A
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2
Q

types of profit calc

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3
Q

gross profit

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4
Q

operating profit margin

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5
Q

profit for the year margin

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6
Q

statement of comprehensive income

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7
Q

improving profitability

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8
Q

cash vs profit

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9
Q

balance sheet

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10
Q

what we can work out from the balance sheet

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11
Q

liquidity

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12
Q

current ratio

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13
Q

acid test ratio

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14
Q

working capital

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15
Q

ways to improve liquidity

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16
Q

internal factors of business failure

A
17
Q

external factors of business failure

A
18
Q

causes of cash flow problems

A