Defintions Flashcards
1
Q
Non Current assets
A
Non-current assets are assets and property owned by a business that are not easily converted to cash within a year.
2
Q
Gearing ratio
A
Non current liabilities / capital employed
3
Q
Capital employed
A
Total equity + Non current liabilities
4
Q
Current ratio
A
Current assets / Current liabilities
5
Q
Protectionism
A
Government policies that restrict international trade to help domestic industries
6
Q
Venture capital
A
Money invested in a business with strong growth potential by an expert in exchange for part ownership
7
Q
Gross profit margin
A
(Revenue- COGS) / Revenue x 100
