P 40, 41 Accounting

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revenue
öğrenmeye başla
income / turnover / sales / the top line
Cost of goods sold
öğrenmeye başla
(=direct costs) includes manufacturing costs, salaries of manual (blue collar) workers
Operating expenses
öğrenmeye başla
(=indirect costs / overhead) includes salaries of sales and office staff, marketing costs, utility bills
Non-operating income
öğrenmeye başla
includes profits from investments in other companies
EBITDA
öğrenmeye başla
stands for Earings Before Interest, Tax, Deprectiation and Amortization
Earnings
öğrenmeye başla
profits/ the bottom line
Depreciation
öğrenmeye başla
refer to loss in value of a tangible asset (eg a vehicle)
Amortization
öğrenmeye başla
refer to loss ina value of a intangible asset (the purchase of licence or trademark)
Interest
öğrenmeye başla
refer to money paid to the bank for loans (or received from the ban for cash balances)
Dividents
öğrenmeye başla
is money paid to shareholders
Retained profit
öğrenmeye başla
is transferred to the Balance sheet, where it joins the amounts from previous years
accounts receivable
öğrenmeye başla
is the amount owed to the business by customers (debtors)
Inventory
öğrenmeye başla
is the value of raw materials & stock
Currents assets
öğrenmeye başla
may also include 'marketable securities' (= shares intended for disposal within one year)
Fixtures
öğrenmeye başla
part of building that cannot be moved such as lights
Fixed assets
öğrenmeye başla
may also include long-term financial investments
Intangible assets
öğrenmeye başla
include patents, trademarks & 'goodwill'(reputation, contracts and expertise of companies that have been bought) (
Bank debt
öğrenmeye başla
(=loan capital) also includes any overdraft (= temporary negative balance)
Account payable
öğrenmeye başla
is money owed to suppliers
Accrued
öğrenmeye başla
items are those where expense has been incurred, but money is not yet paid. 'Accrued salaries' typically includes future bonuses
Provision
öğrenmeye başla
amounts set aside for anticipated one-time payments that are not part of regular operations - perhabs a lawsuit or compensation package for employees being laid off
mortgage
öğrenmeye başla
is a long-term bank loan to buy a property
principal
öğrenmeye başla
amount raised by issuing the bonds
share capital
öğrenmeye başla
(= common stock, AmE) is amount raised at initial flotation on the stock market
Retained profit
öğrenmeye başla
(=reverses / Retained earings). The figure showing here is more than 45,000 transferred from income statement because it is an amount accumulated over several years

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