Accoun
The basic equation that keeps your books balanced—assets equal liabilities plus this.
What is Equity?
The rate of return that makes the net present value of all cash flows from a project equal to zero.
What is the internal rate of return?
The four elements of the marketing mix—product, price, place, and this.
What is promotion?
Key performance indicators are often abbreviated as this.
What are KPIs?
This document outlines the terms and conditions of a business agreement.
What is a contract?
This method records revenues when earned and expenses when incurred, regardless of cash timing.
What is accrual basis accounting?
This document projects your revenues, expenses, and cash position over the next twelve months.
What is a cash flow forecast?
This strategy focuses on selling more of your existing products to your current customers.
What is market penetration?
This type of analysis looks backward to understand what happened.
What is descriptive analytics?
Protecting your inventions through this legal right.
What is a patent?
The process of allocating the cost of a tangible asset over its useful life.
What is depreciation?
The difference between your current assets and current liabilities.
What is working capital?
The process of dividing a market into distinct groups of buyers with different needs.
What is market segmentation?
The statistical technique that measures the relationship between two variables.
What is correlation?
This federal agency enforces workplace safety standards.
What is OSHA?
This financial statement shows revenues, expenses, and profit or loss over a period.
What is the income statement?
This measures how many times your inventory is sold and replaced over a period.
What is inventory turnover?
This measures the percentage of the market that a company controls.
What is market share?
This predicts future outcomes based on historical data.
What is predictive analytics?
The legal structure that limits owners’ personal liability.
What is a limited liability company?
This ratio measures ability to pay short-term obligations with current assets.
What is the current ratio?
The point where total revenues equal total costs.
What is the break-even point?
A brand’s unique position in the minds of consumers relative to competitors.
What is positioning?
The process of cleaning, transforming, and modeling data to discover useful information.
What is data mining?
Complying with data privacy regulations like this European law.
What is GDPR?