cashflow and breakeven Flashcards
1
Q
what is cashflow?
A
cashflow is either a virtual or real move of money.
2
Q
what does breakeven mean?
A
It is when a business is neither losing money or making a profit.
3
Q
what is contribution?
A
contribution is giving someone a donation or the act of giving money.
4
Q
what are 3 inflows for a business.
A
sales, own savings and loans from the bank
5
Q
what are 3 outflows for a business?
A
rent, wages and utility bills
6
Q
what is the differences between an aim and objective
A
an aim is long term and an objective is short term
7
Q
give a synonym for revenue
A
sales
8
Q
give a synonym for profit
A
surplus
9
Q
give a synonym for costs
A
expenses
10
Q
give a synonym for deficit
A
loss
