Unit 2 0.0 / 5 ? BusinessFinanceBTEC NationalEdexcel Created by: NJL13Created on: 05-11-19 23:05 Break even Formula FC / SP - VC 1 of 10 Net Cash Flow Formula Inflows - Outflows 2 of 10 Working Capital Formula CA - CL 3 of 10 What must balance on a balance sheet Net Assets Employed and Capital Employed 4 of 10 What are the first three lines of a profit & loss account called Trading Account 5 of 10 Who looks after a budget Budget Holder 6 of 10 Give an example of a current asset Stock, cash, debtors 7 of 10 Profit / Loss Formula Revenue - Expenditure 8 of 10 What is the formula for the closing bank balance Net cash flow + opening bank balance 9 of 10 Three sources of external finance Loan, Mortgage, Grant, HP, Credit Card 10 of 10
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