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15
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What does depreciation mean?
Reduction in the value of an asset over a period of time
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15
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rent, electricity bills, administrative costs are all examples of o...........................
overheads
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20
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Difference between tangible vs intangible assets
physical vs non exsisting
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heart
Other team wins 25 points!
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magnet
Take 25 points!
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shark
Other team loses 10 points!
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lifesaver
Give 25 points!
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15
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What are instalments
equal usually monthly payments to pay off you loan
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15
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What is a tax break?
Tax relief
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15
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What does it mean to default on a loan
not to pay
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heart
Other team wins 20 points!
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gold
Win 50 points!
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gift
Win 5 points!
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thief
Give points!
5
10
15
20
25
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eraser
Reset score!
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gift
Win 10 points!
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shark
Other team loses 25 points!
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banana
Go to last place!
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20
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Main difference credit card vs debit card
Credit allows for an overdraft
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20
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What does it mean that a company goes public?
listed at a stock exchange
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15
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What is a bear market?
Shares fall down - opposite of bull market
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15
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Explain the difference between revenue vs profit
Total amount of income. Profit remains after paying all the expenses
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seesaw
Swap points!
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rocket
Go to first place!
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rocket
Go to first place!
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lifesaver
Give 25 points!
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What do sharehoder get when the company makes a profit?
Dividend
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15
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Difference between shares and bonds
shares return depends on profit. Bonds return guaranteen
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