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temat 3,4
temat 3,4
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Question
Answer
a statement of revenue and expenses
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profit and loss account
total expensesfor inventory sold in a period
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cost of goods sold
a loss of assets value through use or loss
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depreciation
the difference between net salss and cost of sales
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margin
costs of business operation unrelated to the products themselves
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overhead
total gains before taking out taxes and finance costs
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gross profit
to fail to make payment on a loan
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default
assets that are more than current liabilities that are used to finace operetion
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working capital
profit that is earned but not spent
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retained profit
the physical location of a business
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plant
a declain in the value of an asset
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depreciation
debts that must be paid within a year
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current liabilities
a thing that has an affect on something else
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factor
already occuring or present
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existing
to guess a quantity
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estimate
a person or business that is trying to reach the same goals or customers as other
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competition
to state what oone expects to happen
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predict
a total quantity
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volume
rules controlling how much to charge for products
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pricing policy
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