business finance Flashcards

1
Q

two example of non current assets

A

land
vehicles

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2
Q

examples of current assets

A

stock
account receivables

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3
Q

payday loan advantage

A

get the money straight away so will be able to go away on develop

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4
Q

payday loan disadvantage

A

high interest rates

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5
Q

payday loan advantage

A

anyone qualifies so can receive them easily

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6
Q

impact on debt factoring on a small business

A

money receive is less then owed which lowers cash infows for a business

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7
Q

purposes of accounting

A

record transaction
planning

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8
Q
A
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