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16 Cards in this Set
- Front
- Back
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What is the Gross Profit Margin formula |
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What is Net Profit Margin formula |
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What is the Return on Investment Ratio formula |
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What is the Current Ratio formula |
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What is the Acid Test Ratio formula |
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What is the Debt-Equity Ratio formula |
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What form of finance is Credit Purchase |
Buy now pay later, Short term. (H+B) |
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What form of finance is Credit Cards |
Swipe card-Type in PIN, Short Term (H+B) |
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What form of finance is Unpaid Expenses |
Households can delay paying some bills, Short Term (H+B) |
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What form of finance is Bank Overdraft |
Allows the current account customer to spend more than is in their account, Short Term (H+B) |
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What form of finance is Factoring Debts |
Selling the right to collect debts to a factoring firm, Short term (B) |
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What form of finance is Invoice Discounting |
The business gets a loan from the bank at a % of the amount owed to the business by a debtor, Short Term (B) |
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What form of finance is Hire Purchase |
Allows a household/business to buy an asset but pay for it in installments over a period of time, Medium Term (H+B) |
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What form of finance is Leasing |
Renting an item for an agreed amount of time and when the lease is up the item is returned, Medium Term (H+B) |
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What form of finance is Term Loan |
A medium term loan from a financial institution, Medium Term (H+B) |
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What form of finance is Mortgage |
Loans used to buy a house or other property, Long Term (H) |
