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Why Financial Statements?
Game Code: 1389433
English
15
Public
Discover the basic knowledge about financial statements in farmers business
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Jovan Stalevski
58
#Business
#Games
#entrepreneurship
#financial literacy
#farmers
#cefe
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Why we prepare financial statements
To evaluate the business performance / Do we make profit or loss
15
Name the statement that shows if the business is liquid or not in given time
cash flow
15
which statement indicates the payment capacity of business
cash flow
15
how you call the purchase of seeds, fertilises, other expenses?
outflow
15
what is the name of the cash flows in your farm from sold goods?
income
15
The statement that shows where the money come from?
balance sheet
15
What information shows the balance sheet
assets and liabilities
15
What do I use money for, is called...
Assets
15
Where does the money comes from is shown in ...
Liabilities
15
How much of the total belongs to my company is called ...
Equity
15
Which statement shows if the farm is profitable or not?
Profit&Loss Statement
15
If revenues > than costs, you have generated a ...
Profit
15
If revenues < than costs, you have generated a..
Loss
15
Only accountant should know/understand the financial statements of the company
No
15
The entrepreneur can make important decisions by informations from the Financial statements
YES
15
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