Looking For A Man In Finace

Question 1

Costs of sales

Answer 1

Money spent on Materials, components, Labour that is Directly involved with Producting The Goods to be Sold.

Question 2

What are other words for „turnover“ ?

Answer 2

Income, revenue, total sales

Question 3

How to caculate the gross Profit?

Answer 3

Income
—
Costs of Sales

Question 4

What does „deprication“ mean ?

Answer 4

Loss of value over time

Question 5

Operating costs

Answer 5

Expenditure that is Not Directly involved with the Production of the Goods

Question 6

Examples for operating costs

Answer 6

Waves, saleries, Rente, Electricity, marketing etc.

Question 7

What does the Investors / owners get at the end of the Financial year ?

Answer 7

Dividends

Question 8

EBIT

Answer 8

Earning before interest and Tax

Question 9

EBT

Answer 9

Earning before tax

Question 10

Net Profit Margin

Answer 10

Net income After Taxes/sales

Question 11

Assets

Answer 11

What Companys Own

Question 12

Liabilities

Answer 12

What Companys Owe

Question 13

Petty Cash

Answer 13

SMOHHLL Money (just laying Around in Pockets)
= Bargeld

Question 14

Inventory

Answer 14

The raw Materials, work in Progress and finished goods

Question 15

Money owed to the Company by it‘s Clients

Answer 15

Accounts receivable

Question 16

Accounts payable

Answer 16

Money the Company Owes to its suppliers etc.

Question 17

Cash and cash equivalents

Answer 17

Money the company has on hand to pay for the goods / Services immediatly

Question 18

What does „intangible“ mean ?

Answer 18

Not physical — Patents, Goodwill, Trademarks etc

Question 19

Goodwill

Answer 19

This reflects a Business Customer connections, Reputation and other Similar Factors

Question 20

Owners Equity

Answer 20

The Amount of money inverstors have put into the company in return for shares plus the accumulated profit the company has kept.

Question 21

A Brand is …

Answer 21

A Name, Term, Symbole or a Combination of them intended to Identify the Goods and Servieces of one sellers or group of sellers and to differentiate them from Those of other sellers.

Question 22

Branding is important to Companys because it …

Answer 22

— delivers the Message directly
— confirms credibility
— Connects to Target propects emotionally
— Motivates the Buyer
— Cements User Loyalty

Question 23

What are the 4 P‘s for Marketing ?

Answer 23

Product
Promoting
Price
Place