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A snapshot of the summary - Aantekeningen ruth
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1 aantekeningen
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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
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How can you calculate the inventory turnover?Cost of goods sold/average ending inventory
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where does EBIT stands for?Earnings before interest and tax
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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)
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Where does ASP stands for?Average selling price.
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What are hard spots in a business?Something that is very sure, concrete
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What are soft spots in a business?doubtfull not sure
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