Business Management

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19 Terms

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Cash outflows
________- Money going out of the business.
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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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Owners Equity
________ is the money contributed by the owners of the business.
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Non Current liabilities
________- Takes more than a year to repay.
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Assets
________ are items of value owned by a business.
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Cash inflows
________- Money coming into the business.
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Current liabilities
________- Can be repaid within a year.
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owners equity
Gives information of a businesses assets, liabilities and ________ at a given point of time.
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Finance
Sources/Expenditure of funds
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Marketing
Plan, price, promote + distribute products
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Human Resources (HR)
Relation between employees and employers
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Cash inflows
Money coming into the business
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Cash outflows
Money going out of the business
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Net Cash Flows
Difference between cash inflows and cash outflows
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Current assets (Can be turned into cash in a year)
cash, inventory
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Non Current assets (assets that takes longer than a year to be turned into cash)
house, car
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Current liabilities
Can be repaid within a year
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Non-Current liabilities
Takes more than a year to repay
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OE = capital + net profit
drawing