2.4 MAKING FINANCIAL DECISIONS

?
COST OF SALES
THE DIRECT COSTS OF PURCHASING RAW MATERIALS AND MANUFACTURING FINISHED PRODUCTS
1 of 7
PROFIT MARGIN
A MEASURE OF PROFITABILITY CALCULATED AS A PERCENTAGE OF REVENUE
2 of 7
INFLATED
THE GENERAL INCREASE IN PRICES OVER TIME
3 of 7
VARIABLE
A QUANTITY USED IN A CALCULATION OR SOME MEASURABLE PIECE OF INFORMATION
4 of 7
INFOGRAPHIC
A GRAPHIC REPRESENTATION OF INFORMATION TO MAKE IT INTERESTING AND EASY TO UNDERSTAND
5 of 7
DEMOGRAPHIC
RELATING TO THE STRUCTURE OF A POPULATION
6 of 7
QUALITATIVE DATA
CONCERNING THE QUALITY OF SOMETHING THAT CANNOT BE MEASURED IN NUMBERS
7 of 7

Other cards in this set

Card 2

Front

A MEASURE OF PROFITABILITY CALCULATED AS A PERCENTAGE OF REVENUE

Back

PROFIT MARGIN

Card 3

Front

THE GENERAL INCREASE IN PRICES OVER TIME

Back

Preview of the back of card 3

Card 4

Front

A QUANTITY USED IN A CALCULATION OR SOME MEASURABLE PIECE OF INFORMATION

Back

Preview of the back of card 4

Card 5

Front

A GRAPHIC REPRESENTATION OF INFORMATION TO MAKE IT INTERESTING AND EASY TO UNDERSTAND

Back

Preview of the back of card 5
View more cards

Comments

No comments have yet been made

Similar Business Studies resources:

See all Business Studies resources »See all 2.4 Making FInancial Decisions resources »