Cashflow Flashcards
1
Q
Receipts-
A
Money coming into the business
2
Q
Payments-
A
Money going out the business
3
Q
Forecast
A
Making predictions into the future
4
Q
Balance-
A
What is left in the bank
5
Q
Cash flow-
A
the movement of cash into and out of a business over a period of time.
6
Q
Profit-
A
the surplus money made by a business when revenue exceeds costs.
7
Q
Insolvency-
A
can occur when a business does not have enough cash to pay its debts by their due date.
8
Q
Cash flow-
A
The movement of money in and out of a business over a period of time
9
Q
Cash in-
A
Money that flows into the business
Receipts-
• Cash sales
• Receipts from earlier credit sales
10
Q
Cash out-
A
Money that flows out of the business.
11
Q
Net cash flow-
A
The difference between total cash in and total cash out.
