PERSONAL AND BUISSNESS FINANCE OUTCOME E Flashcards
a cash flow forecast is important as it allows the business to forecast the money flowing in and out the business financial outcounts.
types of inflow
cash sales
credit sales
loans
capital introduced
sales of assets
bank interest received
cash sales
sale smade by cash or cvard taht are recieved by the seller at the time of purchase,
any money that i reciebved instantly.
loans
a bank loan in an inflow for the buissness they nay require bthe cash to purchjase asets for theri buissness to suceed.
credit sales
Purchase made but a given time period given to pay back
capital introduced
wehen a buissbess owneee invest their persona money. stock or assets owned by the buissness for cash to then use within the bissness.
sales of assets
method or increasing inflow to the business by selling assets owned by the business for cash to then use within the business.