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2. What is a cashflow

  • Cash flow is the money flowing in and out of the business on a daily basis
  • Cash flow is the money flowing out of the business on a daily basis
  • Cash flow is the money flowing in of the business on a daily basis

3. What is the formula for revenue

  • Number if sales - Price per unit
  • Number if sales x Price per unit
  • Number if sales + Price per unit
  • Number if sales / Price per unit

4. What is the formula for finding total costs

  • Variable - Fixed cost
  • Fixed cost + Variable
  • Fixed cost - Variable

5. What is fixed costs

  • Costs that stay the same no matter how much products the business makes or sells
  • Costs that change depending on the number of products made or sold.
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