Unit 3 Finance

Assets

Auditor

Authorised capital

Average cost

Break even

Cash Inflow

Cash Outflow

A cash flow forecast

Cooperation Tax

creditors

debtors

Income Tax

What is insolvency

liabilities

Examples of short term finance

Calculation for net cash flow.

Overdraft

Give one example of an outflow?

Give one example of a long term source of finance?

Which of these is an example of short term finance...mortgage, overdraft, share capital?

What is used to show the money flowing in and out of a business over a year?

What is a cash flow forecast?

What does a profit and loss account show?

What is an external source of finance? Give an example.