MODULE 7 Flashcards

(9 cards)

1
Q

Is the tool used in planning that aims to support management or a business owners to cope up wtth the future

A

forecasting

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2
Q

is advance information that could help us prepare and ready for an incoming event

A

forecasting

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3
Q

the gross income

A

profit

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4
Q

refers to the purchase of the product inlcudling the product and total outlay required in recruiting it

A

cost

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5
Q

measures the percentage of gross profit to shares

A

gross profit rate

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6
Q

measures the percentage of profit available after deducing the cost and operating expenses.

A

operating profit margin

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7
Q

measures its short term obligations with its most liquid assets and therefore excludes inventories from its current assets

A

quick ratio

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8
Q

measures the amount of net income per peso invested to the business

A

return of investment

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9
Q
A
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