Cash is the most liquid runny( liquid, runny ) (asset that is easily changed into cash) of all business assets. Cash is the notes & coins credit & debit cards( notes & coins, credit & debit cards ) a business keeps on the premises & any money it has in the bank. Without cash a business can’t trade. Businesses also need cash to pay for overheads big things( overheads, big things ). Businesses will often get bills for the services they have already used; if they aren’t paid the services will be cut. Finally, if a business can’t pay its employees; they will walk out. loan the business money( walk out., loan the business money )

In business, it is crucial to know how much output input( output, input ) needs to be sold to cover costs. If costs are not covered by revenue, output( revenue,, output ) the business will make a loss. If revenue is greater than costs, the business will make a profit. If costs are exactly the same as revenue, the business will break even. close( break even., close )

Break-even charts are graphs drawings( graphs, drawings ) which show how costs and revenues of a business change with sales. They show the level of sales the business must make in order to break-even. do well( break-even., do well )