A business selling things that no longer matches its needs
What is the sales of assets
100
Teacher that got married this year (one of two)
Who is Mr. Wally or Mrs. Reagen
100
A way of looking into the future and creating financial plans that help control the business "going forward"
What is budgeting?
100
Represents the money that is put into a company by its investors, and who are then classified as shareholders
What is Share Capital?
100
Using ratios to aid in interpretation of accounts.
What is ratio analysis?
200
Reduction in the value of assets which occurs naturally through wear and tear in the production process of a business
What is depreciation?
200
Math teacher who likes Guitar Hero
Who is Mrs. Baenen
200
The money needed by a business for its day-to-day or immediate needs
What is working capital?
200
Funding provided by outside banks and other lenders is generally referred to as debt or loan capital
What is loan capital?
200
Financial statements that inform stakeholders about the financial profile and performance of the business
What are Final Accounts?
300
Money tied up in the business and used to finance its day to day needs.
What is using capital more efficiently?
300
Has a dog named Clyde
Who is Mr. Gavin
300
A way of looking into the future and creating financial plans that help control the business "going forward"
What is budgeting?
300
Banks Finance the short-term needs of businesses by providing short-term monies called overdrafts
What is bank overdraft?
300
Tells on a specific day what the business owns (assets), what it owes others (liabilities), and what the net assets (assets less liabilities) are.
What is a balance sheet?
400
-Internal is short-term
-External is long-term
What is the difference between Internal and External Sources of finance?
400
CMH teacher and coach of frosh girls basketball team
What is Mr. Mro
400
The measure of the amount of time it takes to recover enough cash to cover an initial investment or outlay
What is payback?
400
Specialist bankers who are more prepared to share the risks of business enterprise than high street banks
What are venture capitalists?
400
Identifiable non-monetary assets that cannot be seen, touched, or physically measured, that are created through time and.or effort and are identifiable as a seperate asset from other company assets
What are Intangible assets?
500
Represents the profits generated from sales once interest payments to lenders, tax to government, and dividends to share holders have been accounted for.
What is retained profit?
500
A teacher who really likes ferns
Who is Mrs. Schmalz
500
Making choices about what project or opportunity to invest in.
What is Investment Appraisal?
500
A business gains extended time to pay its suppliers
Business can in effect use its suppliers as a source of finance
What is trade credit?
500
The part of the profit and loss account that looks at how the profit is distributed.