Looking For A Man In Finace Flashcards
Costs of sales
Money spent on Materials, components, Labour that is Directly involved with Producting The Goods to be Sold.
What are other words for „turnover“ ?
Income, revenue, total sales
How to caculate the gross Profit?
Income
—
Costs of Sales
What does „deprication“ mean ?
Loss of value over time
Operating costs
Expenditure that is Not Directly involved with the Production of the Goods
Examples for operating costs
Waves, saleries, Rente, Electricity, marketing etc.
What does the Investors / owners get at the end of the Financial year ?
Dividends
EBIT
Earning before interest and Tax
EBT
Earning before tax
Net Profit Margin
Net income After Taxes/sales
Assets
What Companys Own
Liabilities
What Companys Owe
Petty Cash
SMOHHLL Money (just laying Around in Pockets)
= Bargeld
Inventory
The raw Materials, work in Progress and finished goods
Money owed to the Company by it‘s Clients
Accounts receivable
Accounts payable
Money the Company Owes to its suppliers etc.
Cash and cash equivalents
Money the company has on hand to pay for the goods / Services immediatly
What does „intangible“ mean ?
Not physical — Patents, Goodwill, Trademarks etc
Goodwill
This reflects a Business Customer connections, Reputation and other Similar Factors
Owners Equity
The Amount of money inverstors have put into the company in return for shares plus the accumulated profit the company has kept.
A Brand is …
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.
Branding is important to Companys because it …
— delivers the Message directly
— confirms credibility
— Connects to Target propects emotionally
— Motivates the Buyer
— Cements User Loyalty
What are the 4 P‘s for Marketing ?
Product
Promoting
Price
Place
