6.2 - Cashflow Flashcards by Diezani Knight | Brainscape

Q

Profit formula

A

Profit = Total revenue - Total costs

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Q

What are overheads

A

Overheads are costs of a business that don’t contribute to the cost of making products/services

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Q

Solutions to cash flow problems

A

Rescheduling payments
Overdraft
-Reducing cash inflow
Reducing cash outflow
Finding new suppliers

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