Business Management

Cash outflows

Cash outflows

________- Money going out of the business.

fundamental tool

A(n) ________ used by a business that shows the income and expenditure of a business over a period of time, and can be used to calculate profit.

Owners Equity

________ is the money contributed by the owners of the business.

Non Current liabilities

________- Takes more than a year to repay.

Assets

________ are items of value owned by a business.

Cash inflows

________- Money coming into the business.

Current liabilities

________- Can be repaid within a year.

owners equity

Gives information of a businesses assets, liabilities and ________ at a given point of time.

Finance

Sources/Expenditure of funds

Marketing

Plan, price, promote + distribute products

Human Resources (HR)

Relation between employees and employers

Cash inflows

Money coming into the business

Cash outflows

Money going out of the business

Net Cash Flows

Difference between cash inflows and cash outflows

Current assets (Can be turned into cash in a year)

cash, inventory

Non Current assets (assets that takes longer than a year to be turned into cash)

house, car

Current liabilities

Can be repaid within a year

Non-Current liabilities

Takes more than a year to repay

OE = capital + net profit

drawing