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Summary: Aantekeningen Ruth | school
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Read the summary and the most important questions on Aantekeningen ruth | school
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1 aantekeningen
This is a preview. There are 37 more flashcards available for chapter 1
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What are the key factors for a business survival?
- profitability
- solvency (kredietwaardigheid)
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What is a stock turnover?
The rate at which a company's stock is turned over. the rate at which a company's stock has to be replaced
- high stock turnover--> increased effieciency but depends on business
- low stock turnover, poor customer satisfaction
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What are debtor days?
A measure of how long it takes for a business to recover its debts -
How can you calculate the inventory turnover?
Cost of goods sold/average ending inventory -
where does EBIT stands for?
Earnings before interest and tax -
What are the main tasks of a finance manager?
POLC- planning
- organising
- leading
- controlling
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Where does FTE stands for?
Full time equivalent (5 days is 1 FTE) -
Where does ASP stands for?
Average selling price. -
What are hard spots in a business?
Something that is very sure, concrete -
What are soft spots in a business?
doubtfull not sure
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