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Card 6

Front

What is the formula to work out GROSS profit?

Back

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Card 7

Front

What is the formula to work out RETAINED profit?

Back

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Card 8

Front

What is a balance sheet and what does it show?

Back

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Card 9

Front

What are assets?

Back

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Card 10

Front

What are CURRENT assets?

Back

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Card 11

Front

What is a debtor?

Back

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Card 12

Front

What are FIXED assets?

Back

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Card 13

Front

What are liabilities?

Back

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Card 14

Front

What are CURRENT liabilities?

Back

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Card 15

Front

What are LONG TERM liabilties?

Back

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