Profit and Loss ; Balance Sheet
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7 Terms
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Profit and Loss:
Sales Revenue
Cost of Goods Sold
Gross Profit
Expenses
Net profit before tax and interest
Interest
Net profit before interest
Interest
Net profit
Dividends
Retained Profit
Cost of Goods Sold
Gross Profit
Expenses
Net profit before tax and interest
Interest
Net profit before interest
Interest
Net profit
Dividends
Retained Profit
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Balance Sheet:
Fixed Assets
Fixed Assets
Accumulated Depreciation
Net fixed assets
\
Currents Assets
Cash
Debtors
Stock
Total currents assets
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Current Liabilities
Overdraft
Creditors
Short term loans
Total current liabilities
\
Net current assets (working capital)
Total assets less current liabilities
Long term liabilities (debt)
Net assets
\
Financed by:
* Shared Capital
* Retained Profit
Equity
Fixed Assets
Accumulated Depreciation
Net fixed assets
\
Currents Assets
Cash
Debtors
Stock
Total currents assets
\
Current Liabilities
Overdraft
Creditors
Short term loans
Total current liabilities
\
Net current assets (working capital)
Total assets less current liabilities
Long term liabilities (debt)
Net assets
\
Financed by:
* Shared Capital
* Retained Profit
Equity
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Gross Profit
sales revenue - cost of goods sold
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Cost of sales
opening stock + (purchases−closing stock)
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Net profit
gross profit−expenses
6
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Cash Flow Forecast
Cash flow forecast for a business whatever
All figures in $ mil
Months
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Opening Balance
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Cash inflows
Name the inflows (cash sales revenue, tax refund)
Total cash inflows
\
Cash outflows
Name the outflows (rent, packaging, delivery, cost of sales)
Total Cash outflows
\
Net cash flow
Closing Balance
All figures in $ mil
Months
\
Opening Balance
\
Cash inflows
Name the inflows (cash sales revenue, tax refund)
Total cash inflows
\
Cash outflows
Name the outflows (rent, packaging, delivery, cost of sales)
Total Cash outflows
\
Net cash flow
Closing Balance
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Net cash flow
closing balance - opening balance
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