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- 1. Multiple Choice
The difference between total sales and total costs of the business.
Net profit.
Retained earnings
- 2. Multiple Choice
Profits earned by a business that are reinvested in the business rather than paid out as dividends
Retained Profit
Inside Profit.
- 3. Multiple Choice
The money required to set up, run and expand a business.
Finance
Assets
- 4. Multiple Choice
A loan facility from the bank that may have to be repaid at any time.
Over draft
Loan
- 5. Multiple Choice
The cost of borrowing money, or the return from saving.
Factoring
Interest
- 6. Multiple Choice
Where money is borrowed and repaid under agreed terms and conditions.
Loan
Overdraft
- 7. Multiple Choice
Everything that the business owns that has a monetary value, including cash, stocks, debtors.
Assets
Capital
- 8. Multiple Choice
Where money is borrowed directly from the public through an instrument called as.
Share capital
Debt Financing
- 9. Multiple Choice
Provision where the money against the debtors receivable can be discounted earlier.
Debtor Factoring
Invoice discounting
- 10. Multiple Choice
A facility where a product can purchased but payment is made later.
Trade Credit
Hire Purchase
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