Unit 1 Finance

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profit
Revenue - total costs
1 of 10
Fixed
costs that have to be paid even if no sales
2 of 10
variable
costs that change depending on output
3 of 10
cash flow
the movement of money within the business
4 of 10
forecast
an estimate
5 of 10
overdraft
short term finance from the bank
6 of 10
turnover
another term for revenue
7 of 10
loan
a long term finance option
8 of 10
interest
the cost of having a loan
9 of 10
loss
when total costs are more than the revenue
10 of 10

Other cards in this set

Card 2

Front

Fixed

Back

costs that have to be paid even if no sales

Card 3

Front

variable

Back

Preview of the front of card 3

Card 4

Front

cash flow

Back

Preview of the front of card 4

Card 5

Front

forecast

Back

Preview of the front of card 5
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