Aim, Objectives, Plans, Development Flashcards
1
Q
Aim-
A
Long time goal
2
Q
Objective-
A
Short term goal
3
Q
- Identify 2 types of inflow on cash flow forecast.
A
Sales
Owners capital
4
Q
- Identify 5 types of outflows on a cashflow forecast
A
Rent Tax Materials Wages Power/water
5
Q
- What is break even.
A
Break even is when a business does not gain a profit but does not lose money either.
6
Q
- What 4 lines are used in a break even graph?
A
Revenue
Fixed costs
Variable costs
Total cost
7
Q
- What are the 2 points that show break even?
A
Total costs
Revenue
