BUSINESS COSTS
fixed variable labor advertising distribution storage
manufacturing operating
1. Worker and staff employment costs
2. Total costs for production of all products
3. Day to day cost of running a business
4. Non-changing costs such as rent, lighting, heating, etc.
5. Changing costs of employment, raw materials, etc. based on rate of production
6. Costs related to encouraging consumers to buy a product
7. Costs related to keeping goods in warehouses or other locations
8. Costs related to delivering goods to points of sale
BALANCE SHEET
fixed assets dividend liabilities current assets fixed assets
intangible assents depreciation overdraft liquidity
1. Any assets which can be used to make immediate payments
2. Patents, ideas, trade marks, licenses
3. Payments made to shareholders based on company profits
4. Costs and money owed
5. Investments, bank deposits, stock, etc. that can be easily converted into cash
6. Total amount borrowed from a given bank
7. Equipment and other assets which generally loses value over time
8. Property, equipment currently owned and not intended for sale
Financial Vocabulary
a. Revenue b. Depreciation c. EBITDA d. COGS e. Net Income f. Expenses
h.Net Profit i. Gross Income/Gross Profit j. Appreciation k. Bond l.Accounts
Payable m. Accounts Receivable n. Cash Flow o. Equity p.IPO q. Liability
r. Balance Sheet s. Income Statement t. Cash Flow Statement u. Asset
1. what you earn
2. what you spend
3. total revenue minus total expenses
4. same as net profit
5. the cost of goods sold. What you pay for what you sell.
6. total revenue minus COGS
7. reduction in value over time
8. increase in value over time
9. debt instrument through with companies and governments can raise
money
10. earnings before interest, taxes, depreciation, and amortization
11. money you owe for products and services already received
12. money owed to you for products/services already delivered
13. initial public offering, selling part of your company on the stock market in
exchange for investment capital in your business
14. the in and out of money to/from your business
15. ownership in a company
17. something you owe for
18. a financial statement that keeps track of assets, liabilities, and owners’
equity.
19. a financial statement that keeps track of revenue, expenses, and
profit.
20. a financial statement that keeps track of all the money that
goes in and out of your business.
21. something you own that has value
fixed variable labor advertising distribution storage
manufacturing operating
1. Worker and staff employment costs
2. Total costs for production of all products
3. Day to day cost of running a business
4. Non-changing costs such as rent, lighting, heating, etc.
5. Changing costs of employment, raw materials, etc. based on rate of production
6. Costs related to encouraging consumers to buy a product
7. Costs related to keeping goods in warehouses or other locations
8. Costs related to delivering goods to points of sale
BALANCE SHEET
fixed assets dividend liabilities current assets fixed assets
intangible assents depreciation overdraft liquidity
1. Any assets which can be used to make immediate payments
2. Patents, ideas, trade marks, licenses
3. Payments made to shareholders based on company profits
4. Costs and money owed
5. Investments, bank deposits, stock, etc. that can be easily converted into cash
6. Total amount borrowed from a given bank
7. Equipment and other assets which generally loses value over time
8. Property, equipment currently owned and not intended for sale
Financial Vocabulary
a. Revenue b. Depreciation c. EBITDA d. COGS e. Net Income f. Expenses
h.Net Profit i. Gross Income/Gross Profit j. Appreciation k. Bond l.Accounts
Payable m. Accounts Receivable n. Cash Flow o. Equity p.IPO q. Liability
r. Balance Sheet s. Income Statement t. Cash Flow Statement u. Asset
1. what you earn
2. what you spend
3. total revenue minus total expenses
4. same as net profit
5. the cost of goods sold. What you pay for what you sell.
6. total revenue minus COGS
7. reduction in value over time
8. increase in value over time
9. debt instrument through with companies and governments can raise
money
10. earnings before interest, taxes, depreciation, and amortization
11. money you owe for products and services already received
12. money owed to you for products/services already delivered
13. initial public offering, selling part of your company on the stock market in
exchange for investment capital in your business
14. the in and out of money to/from your business
15. ownership in a company
17. something you owe for
18. a financial statement that keeps track of assets, liabilities, and owners’
equity.
19. a financial statement that keeps track of revenue, expenses, and
profit.
20. a financial statement that keeps track of all the money that
goes in and out of your business.
21. something you own that has value
