DS AQA GCSE Business Quiz Unit 6

Something owned by a business.

What percentage of revenue is being kept by the business after different costs have been paid.

Total Revenue – Total Costs

The reward for saving, the cost of borrowing. A percentage added to the balance (of the savings or loan) for a given period of time – such as each month

The responsibility for debts of a business. If a business takes out a loan, it becomes a liability – the business is responsible for repaying.

The money moving into and out of the business.

The difference between cash inflows and outflows.

Equation is: Cash Inflows – Cash Outflows

The business is divided into more shares, the new shares are made available for the public to buy, and the business receives the money. An external source of finance.

The average amount of profit made from an investment, as a percentage of the initial cost.

Equation is average profit per year ÷ initial cost x 100

Setting out to make the most profit possible, even if it means not achieving, or having to put on hold, other goals.