General Business BUS206 Lecture Notes - Lecture 5: Balance Sheet, Credit Bureau, Income Statement
5 Jun 2018
School
Department
Course
Professor
How Will I Track the Finances?
Break-even
⚫ Break-even period
⚫ Expression
Dollars
Sales units
% of capacity
Contribution ratio = Gross Profit – Variable Expense
sales
Break-even = Fixed Expenses
Contribution ratio
Credit and Collections
Decision to grant credit
Potential problems
Collections steps
Cash Flow
Cash flow planning
⚫ Cash in
Sales vs. cash
Pattern
Cash Flow cont’d.
Cash flow planning cont’d.
⚫ Cash out
Expenditures
Pattern
⚫ Cash balance
Opening
closing
find more resources at oneclass.com
find more resources at oneclass.com
