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Business Studies > Finance > Flashcards

Finance Flashcards

1
Q

What sources of finance are available for a small business

A

Bank (loans), friends and family, personal savings, government grants, trade credit

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2
Q

Equation for profit

A

Profit = revenue - cost

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3
Q

Revenue

A

Money made from sales

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4
Q

Costa

A

Money that is paid out

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5
Q

What is a cash flow forecast

A

Is a way of predicting when firms may face a problem

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Business Studies (11 decks)

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