FPL VOCAB 07: Money
Flashcard
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Business
•
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Hard
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19 questions
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1.
FLASHCARD QUESTION
Front
Calculate profit:
Back
Profit = Revenue - Expenses
2.
FLASHCARD QUESTION
Front
Formula to estimate time for investment to double:
Back
Rule of 72
3.
FLASHCARD QUESTION
Front
An asset is:
Back
A resource with economic value expected to generate future cash.
4.
FLASHCARD QUESTION
Front
Capital is:
Back
Anything that has value or benefit to its owner and is used for productive or investment purposes.
5.
FLASHCARD QUESTION
Front
Percentage of profit/loss on an investment over time.
Back
Rate of Return
6.
FLASHCARD QUESTION
Front
Income from sales.
Back
Revenue
7.
FLASHCARD QUESTION
Front
Assets - Liabilities
Back
Net Worth
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