Business Finance Revision Mindmap

Descrição

Mapa Mental sobre Business Finance Revision Mindmap, criado por annette ashworth em 01-10-2013.
annette ashworth
Mapa Mental por annette ashworth, atualizado more than 1 year ago
annette ashworth
Criado por annette ashworth quase 11 anos atrás
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Resumo de Recurso

Business Finance Revision Mindmap
  1. Budgets
    1. Budgetting
      1. Budgetary Control
      2. Breakeven
        1. Formula = FC / (SP-VC)
          1. Breakeven is the point where the business makes no profit and no loss
            1. Margin of Safety
              1. Benefits of Breakeven
                1. Limitations of breakeven
                2. Profit and Loss
                  1. Sometimes called an Income Statement
                    1. Trading Account
                      1. Calculated Gross Profit by taking Costs of sales from turnover
                        1. Then take the operating costs to leave net profit
                  2. Balance sheets
                    1. Sometimes called an Statement of Financial Position
                      1. This is a snapshot of a businesses situation on a particular day.
                        1. Assets
                          1. Fixed Assets
                            1. Long term assets that the business must have to trade
                            2. Current Assets
                              1. Assets that are quickly changing. Cash, Stock, Debtors
                            3. Liabilities
                              1. Long-term Liabilities
                                1. Debts to be paid over a long time
                                2. Current Liabilities
                                  1. Money to be paid back within a year
                          2. Costs and Revenues
                            1. Start Up costs
                              1. Operating or running costs
                                1. Fixed Costs FC
                                  1. Variable Costs VC
                                    1. Semi Variable Costs SVC
                                      1. Total Costs TC
                                        1. Revenue TR
                                          1. Profit
                                            1. Gross Profit
                                              1. Net Profit
                                            2. Cash Flow
                                              1. Cash Flow Forecasting
                                                1. Cash Flow Statement
                                                  1. Cash Inflows
                                                    1. Cash Outflows
                                                      1. Net Cash Flow

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