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Define the term 'added value'.

Added value is the difference between the costs of purchasing raw materials and the price the finished goods are sold at. Value is added to a good at each stage of production from raw material to the finishe...
HZ
14183 Views

Evaluate the various methods of financing business

In order to answer this question, it is worth laying out the different methods of financing a business. These can be short term (overdraft, trade credit, factoring) or long term (share capital, loans from fr...
HC
3496 Views

What is break even and why is it used?

Break even is the point in which total revenue and total costs ( fixed and variable) are the same. At this point no loss or profit is made, the company ' breaks even'. It is used by managers as a simple, qua...
EP
3081 Views

What is cash flow?

Cash flow describes the movement of cash into and out of a business. The cash INFLOW is the money coming into a business, where as the cash OUTFLOW is the money flowing out of a business. Cash flow is not pr...
JK
2836 Views

What is cash flow?

Cash flow describes the movement of cash into and out of a business. The cash INFLOW is the money coming into a business, where as the cash OUTFLOW is the money flowing out of a business. Cash flow is not pr...
RC
3055 Views