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business theme 2

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

By: Liv Lonsdale
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Decks in this class (17)

2.1.1/2 INTERNAL/EXTERNAL FINANCE
What is owners capital,
What is retained profit,
What is sale of assets
41  cards
2.1.3 LIABILITY
Unlimited liability,
What types of businesses have unl...,
Advantages of unlimited liability
8  cards
2.1.4 PLANNING
What s a cash flow forecast,
Formula for net cash flow,
Formula for closing balance
5  cards
2.1.5 CASH FLOW FORECASTS
What is a cash flow forecast,
Causes of cash flow problems,
Benefits of forecasting
4  cards
2.2.1 SALES FORECASTING
Sales forecast,
Strong pound,
Weak pound
6  cards
2.2.2 SALES, REVENUE AND PROFIT
What is sales volume,
How to calculate sales volume,
How to calculate sales revenue
5  cards
2.2.3 BREAK EVEN
What s break even point,
How do you calculate contribution,
How to calculate total contribution
9  cards
2.2.4 VARIANCE ANALYSIS / BUDGETING
What s a budget,
What are the two types of budgets,
What s a historical budget
22  cards
2.3.1 PROFIT
Gross profit calculation,
Net profit calculation,
Operating profit calculation
17  cards
2.3.2 LIQUIDITY
Whats working capital,
How to calculate working capital,
What are current assets
21  cards
2.3.3 BUSINESS FAILURE
Internal causes of business failure,
External causes of business failure,
Cash flow problems leading to bus...
5  cards
2.3 FORMULAS
Working capital,
Gross profit,
Operating profit
9  cards
2.4.1 PRODUCTION
What is job production,
What is batch production,
What is flow production
12  cards
2.4.1 PRODUCTIVITY AND EFFICIENCY
What is productivity,
Whats labour productivity,
Formula for labour productivity
5  cards
2.4.2 CAPACITY UTILIZATION
0  cards
2.4.3 STOCK CONTROL
0  cards
2.4.4 QUALITY MANAGEMENT
0  cards

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business theme 2

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