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Improving Cash Flow Flashcards | StudBud
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Improving Cash Flow
Selling assets is...
Leasing is the same as...
Improving Cash Flow
8 terms
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StudBud Administration
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#edexcel #business #unit 3 #cashflow
Flashcards
8 cards
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Practice quiz
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Questions
8
Answers
1
Leasing is the same as...
renting
purchasing
borrowing
lending
2
Selling assets is...
Having a sale
Training staff
Selling equipment, buildings and materials
Selling stock
3
Giving customers less time to pay bills helps because...
The money in your account will earn more interest
You don't need to chase them for payment
You have money in your account quicker
You pay less interest
4
Which company type can sell shares on the stock market?
Partnership
Ltd
Sole Trader
PLC
5
If you pay bills later you are improving cash flow by...
Delaying paying invoices
Paying invoices sooner
Demanding payment sooner
Spending more money
6
A simple way of increasing revenue is to:
Increase profit
Increase Prices
Reduce costs
Advertise
7
Taking out a loan...
increases revenue
reduces costs
8
A simple way to reduce costs is...
Order less stock
Hire more staff
Negotiate better prices with your supplier
Do more marketing
