4.4a The Reef Flashcards
What is target market
a particular group of consumers at which a product or service is aimed.
What is forecast revenue
a calculation of the amount of money that a company will receive from sales during a particular period.
What is sources of finance
Sources of finance for business are equity, debt, debentures, retained earnings, term loans, working capital loans, letter of credit, euro issue.These sources of funds are used in different situations.
What is marketing mix
a combination of factors that can be controlled by a company to influence consumers to purchase its products.
How to calculate total costs
Total fixed cost + total variable cost
Margin of safety
Actual or budgeted sales - break even sales
Interest is percentages
Total repayment-borrowed amount / borrowed amount x 100
Net cash flow
Cash flow- cash flow in given period
Open balance
Closing balance of last given period
Revenue
Price x quantity
