3.1 Measurements of business size Flashcards
1
Q
Revenue
A
The total value of sales made during the trading period = selling price x quantity sold.
2
Q
Capital employed
A
The total value of all long-term finance invested in the business.
3
Q
Market capitalization
A
The total value of the company’s issued sales.
4
Q
Market share
A
Sales of the business as a proportion of total market sales.