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3
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Possessions of an organization intended to be liquidated (turned into cash) within twelve months
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4
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The profit from a firm’s everyday trading activities. It is calculated by the formula: Sales revenue – Cost of goods sold.
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5
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A firm's direct costs of production
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6
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Debts of a business
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7
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Long-term asset
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8
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Any funds left over from net profits (after interest and tax) that is not paid to shareholders is kept within the business for its own use.
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10
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The payments from a company’s net profit (after interest and tax) paid to the shareholders (owners) of the business.
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11
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Possessions of a business with a monetary value
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12
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Money that a firm has for its daily operations.
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13
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The money an organization earns from selling goods and services.
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