Finance book 3 units 3-4 | Baamboozle - Baamboozle

English 11 Public

Finance book 3 units 3-4

Study Slideshow

the physical location of a business

plant

15

to fail to make payments on a loan

default

15

a decline in the value of an asset

depreciation

15

debts that must be paid within a year

current liabilities

15

profit that is earned but not spent

retained profit

15

assets that are more than current liabilities that are used to finance operations

working capital

15

costs of business operation unrelated to the products themselves

overhead

15

total gains before taking out taxes and finace costs

gross profit

15

total expenses for inventory sold in a period

costs of goods sold

15

a statement of revenue and expense

profit and loss account

15

the difference between net sales and cost of sales

margin

15