FPL VOCAB 07: Money

Front

Calculate profit:

Back

Profit = Revenue - Expenses

Front

Formula to estimate time for investment to double:

Back

Rule of 72

Front

An asset is:

Back

A resource with economic value expected to generate future cash.

Front

Capital is:

Back

Anything that has value or benefit to its owner and is used for productive or investment purposes.

Front

Percentage of profit/loss on an investment over time.

Back

Rate of Return

Front

Income from sales.

Back

Revenue

Front

Assets - Liabilities

Back

Net Worth

Front

Least liquid item?

Back

Large Farmhouse

Front

A sum of money owed to someone is...

Back

Liability

Front

An asset accepted by a lender as protection if a borrower defaults is...

Back

Collateral