2.1.1 - internal finance

studied byStudied by 1 person
0.0(0)
learn
LearnA personalized and smart learning plan
exam
Practice TestTake a test on your terms and definitions
spaced repetition
Spaced RepetitionScientifically backed study method
heart puzzle
Matching GameHow quick can you match all your cards?
flashcards
FlashcardsStudy terms and definitions

1 / 4

flashcard set

Earn XP

Description and Tags

5 Terms

1

finance

money used by a business

New cards
2

sources of finance

where a business can get their money from when they need it

New cards
3

owner’s capital / personal savings

the personal savings of the business’s owner

New cards
4

retained profit

the profit that the business has made so far and kept in reserve

New cards
5

sale of assets

the sale of business assets such as machinery

New cards
robot