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btec business studies level 3 - unit 3 - personal and business finance

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

By: IAMASTUPIDKAT Unknown
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Decks in this class (12)

Glossary
What is meant by a business selli...,
What is meant by retained profit,
What is meant by an owner s perso...
41  cards
Formulas
What is the formula for revenue,
What is the formula for total costs,
What is the formula for net cash ...
13  cards
1 - Internal Sources Of Finance
What is meant by an internal sour...,
Who doesn t a business need to co...,
What can a business sell of its o...
13  cards
2 - External Sources Of Finance
How are external sources of finan...,
What can external sources of fina...,
Why might external sources of fin...
50  cards
3 - Revenue
What is meant by revenue,
What is the formula for revenue,
What is the revenue of a stationa...
5  cards
4 - Costs
What is meant by costs,
What are 2 examples of costs for ...,
What is the formula for working o...
9  cards
5 - Cash And Cash Flow
What is meant by cash in business...,
What is meant by cash flow,
What is managed by cash flow
40  cards
6 - Break-Even Analysis
What do businesses use break even...,
What is meant by contribution per...,
What is the formula for contribut...
6  cards
7 - Profits
What 2 types of profit can a busi...,
What is meant by gross profit,
What is the formula for the gross...
14  cards
8 - Balance Sheets
What is meant by a balance sheet,
What 2 types of assets do balance...,
What is an example of a total cur...
10  cards
9 - Income Statements
What is meant by an income statement,
What financial concepts do income...,
What 2 types of accounts are the ...
22  cards
10 - Liquidity
What ratios can be used to assess...,
What does the calculation of curr...,
What is the formula for current r...
6  cards

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btec business studies level 3 - unit 3 - personal and business finance

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