Summary: Aantekeningen Ruth | school

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  • 1 aantekeningen

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  • What are the key factors for a business survival?

    • profitability
    • solvency (kredietwaardigheid)
  • 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
  • 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
    1. planning
    2. organising
    3. leading
    4. controlling
  • 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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