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Profitability, liquidity and solvency

Authored by Victoria Price

Business

11th - 12th Grade

Used 2+ times

Profitability, liquidity and solvency
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10 questions

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1.

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1 min • 1 pt

is money held by the business or in its bank accounts.

2.

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1 min • 1 pt

is the amount of money used to buy a good or service

3.

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1 min • 1 pt

is the profit made before expenses have been paid. It is calculated by subtracting the cost of goods sold from the total revenue from selling those goods.

4.

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1 min • 1 pt

is the final profit made by a business after all costs have been paid.

5.

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1 min • 1 pt

is the difference between the total revenue of a business and the total costs of a business, when revenue is greater than cost.

6.

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1 min • 1 pt

is the amount of money taken in by a business when selling a good or service.

7.

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1 min • 1 pt

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Starring Michael Keaton as business mogul Ray Kroc, the 2016 film "The Founder" portrays the origin story of what fast-food chain?

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