501806
Description
Mind Map by johncraig02, updated more than 1 year ago
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Created by johncraig02
over 10 years ago
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finance
- breakeven
- the point where profits and loses =0
- total cost= total revnue
- total cost= total revnue
- tells us how many units need to be sold to make back all the money the company spent
- the point where any more units sold would be profit
- the point where any more units sold would be profit
- the point where profits and loses =0
- cashflow
- sources of finance
- profits,costs and loses
- budgets
- variance
- difference between budgeted value and actual value
- adverse(bad)_
- spend to much or have a lower revenue than excpected
- spend to much or have a lower revenue than excpected
- favourable (good)
- spend less or have a higher revenue than expected
- spend less or have a higher revenue than expected
- adverse(bad)_
- difference between budgeted value and actual value
- variance
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