Curently Learning Flashcards

1
Q

Cash

A

Refers to money a business has avariable to spend here and now

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2
Q

Cash inflows

A

Money coming into the business

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3
Q

Cash outflows

A

Money leaving the business

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4
Q

Examples of cash inflows

A

Sales
Sales of assests-own
Loans
Investors

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5
Q

Example of cash outflows

A

Wages
Variable costs eg raw materials
Bills
Loan repayments

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6
Q

Cash sale

A

Paying immediately

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7
Q

Cash sale

A

Paying immediately

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8
Q

Credit sale

A

Paying after

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9
Q

Trade credit

A

One business produces a line of credit to other businesses

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