AO Finances and accounts

The role of finances

• Can be characterized as either capital expenditure or revenue expenditure.

• Upgrading its capital equipment or to funding its expansion plans

• Need to various sources of finance to pay for their operational / daily cos

Internal sources of finance

• Trade credit

• Personal funds

• Loan

• Retained profit

• Sale of assets

Appropriate sources of finance for Meghan's food truck to purchase a new stove.

• Issuing shares to have funds

• Overdrafts and other forms of short-term finance

• Retained profits and the sale of assets

Fixed costs

• Rent
• Comission

• Raw material

• Subscription

Revenue streams for Disney​ ​ ​ ​ ​ ​

• Movies
• Parks
• Technology

• Books
• Plants and flowers

Final accounts are the published accounts of an organization, made available to and used by different stakeholders

• True

• False

Balance sheet

• 
• 
• 
• None

Profit and loss account

• 
• 
• 
• None

Cash flow forecast

• 
• 
• 
• None

Type of intagible assets​ ​ ​ ​ ​ ​ ​

• Goodwill
• Buildings

• Knowledge

• Trademark