Business Management

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19 Terms

1

Cash outflows

________- Money going out of the business.

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2

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.

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3

Owners Equity

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

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4

Non Current liabilities

________- Takes more than a year to repay.

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5

Assets

________ are items of value owned by a business.

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6

Cash inflows

________- Money coming into the business.

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7

Current liabilities

________- Can be repaid within a year.

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8

owners equity

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

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9

Finance

Sources/Expenditure of funds

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10

Marketing

Plan, price, promote + distribute products

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11

Human Resources (HR)

Relation between employees and employers

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12

Cash inflows

Money coming into the business

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13

Cash outflows

Money going out of the business

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14

Net Cash Flows

Difference between cash inflows and cash outflows

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15

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

cash, inventory

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16

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

house, car

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17

Current liabilities

Can be repaid within a year

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18

Non-Current liabilities

Takes more than a year to repay

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19

OE = capital + net profit

drawing

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