Unit 5 Recap Cash Flow Forecast 2

• Praktische economie
• MBO
• Studiejaar 2

Measure of a business' ability to meet short-term cash payments

1. Liquidity
2. Overdraft
3. Premises
4. Drawings

House or building and its surrounding property

The amount of money available in a business at the end of the month

1. Credit periods
2. Closing balance
3. Opening balance
4. Drawings

a shortage in a bank account caused by drawing more money than the account holds.

1. Closing balance
2. Drawings
3. Overdraft
4. Opening balance

when a business cannot meet its short-term debts

1. Premises
2. Insolvent
3. Overdraft
4. Liquidity

The money going out of the business for various purposes, like buying capital equipment, purchase stock, electricity bills, etc

1. Purchases
2. Costs
3. Outflows
4. Drawings

Customers who have bought products on credit and will pay cash at an agreed date in the future

1. Drawings
2. Receipts
3. Creditors
4. Debtors

Suppliers whoe have provided goods or services to a business on credit, meaning the business owes them money

1. Drawings
2. Receipts
3. Creditors
4. Debtors

The money coming into the business from various sources, like capital from owners, bank loan or mortgage, cash sales, credit sales, etc

1. Income
2. Inflows
3. Turnover
4. Drawings

The money taken from the business by the owner(s) for personal use.

1. Salary
2. Drawings
3. Outflows
4. Debtors