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Estimating Reveues, Costs and Profits Flashcards | StudBud

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H & M have met sales targets & have new stock waiting to go on display, should they?

Is water and electricty

Estimating Reveues, Costs and Profits

9 terms·StudBud Administration·52 plays

It is what it is

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Questions 9

Answers

1
Is water and electricty
A unknown cost
A variable cost
A fixed cost
Something to put in your mouth
2
H & M have met sales targets & have new stock waiting to go on display, should they?
Sell the old stock at a cheaper price
Call the manager
Burn them in a bonfire
Keep the stock for later
3
Money flowing in and out of a business may also be referred to as the following terms
A business model
Income and expenditure
Bonnie and Clyde
A spreadsheet model
4
What is net cashflow?
A net to keep your cash inside
Cash that you wish to obtain
The remainder of your cashflow once you deduct your outflow
Your cashflow before outflow is deducted
5
What is estimating revenue?
Forecasting of sales volumes and selling prices
A weather forecast
Forecasting of total profit
Forecasting of selling prices
6
Estimating cash in flow through sales is important because?
compare this with your inflow
You will become rich
You can compare this with your outflow
You will be guaranteed to have success
7
What is cost price?
How much you purchase an item for
How much you sell an item for
How VAT you have to pay
A boomerang
8
What is cash in flow?
A piggy in the middle
The flow of cash from one country to another
Money that flows in from investors, capital and profits
Money that flows in from paying bills and wages
9
In business, what is break even?
A song by the script
Evenly distributing your profit to each worker
Making either a profit or loss
Not making a profit or loss