This class was created by Brainscape user Afia Ali . Visit their profile to learn more about the creator.

Decks in this class (13)

Break-even
What is fixed cost 1,
What is variable cost 2,
How do you find the total cost 3
6  cards
Business costs
What is the start up cost 1,
What is the operating cost 2,
Define income 3
11  cards
Gross and Net Profit
What is the cost of sales 1,
What is the gross profit 2,
How do you find gross profit 3
9  cards
Income statements
What does a financial statement r...,
What are the two types of financi...,
Opening stock 3
6  cards
Statement of financial position
How does a balance sheet help a b...,
What does a balance sheet show 2,
What are the two types of assets 3
15  cards
Making a business more successful
How can a business increase net p...,
Why are the strategies of increas...,
How can you improve balance sheets 3
3  cards
Expenditure
Define expenditure 1,
What are the two type of expendit...,
What is capital expenditure 3
8  cards
Profit and Loss
What is profit 1,
What is loss 2,
How do you find profit loss 3
3  cards
Break-even
What is the break even point 1,
What is the margin of safety 2,
What is the target sales 3
7  cards
Break-even analysis
What does a break even chart show 1,
If break even point is too high 2,
What are the risks of not analysi...
5  cards
Budgeting
What is a budget 1,
What is expenditure budget 2,
What is revenue budgets 3
9  cards
Cash Flow Forecasting
What does a cash flow forecast do 1,
Examples of cash inflows 2,
What are inflows 3
10  cards
Timings and Cash Flow Forecasting
What is a credit period 1,
How does a cash flow forecast pre...,
How does a cash flow forecast pla...
5  cards

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Business

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