P 40, 41 Accounting

 0    25 adatlap    malgorzatabohdziewicz
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revenue
kezdjen tanulni
income / turnover / sales / the top line
Cost of goods sold
kezdjen tanulni
(=direct costs) includes manufacturing costs, salaries of manual (blue collar) workers
Operating expenses
kezdjen tanulni
(=indirect costs / overhead) includes salaries of sales and office staff, marketing costs, utility bills
Non-operating income
kezdjen tanulni
includes profits from investments in other companies
EBITDA
kezdjen tanulni
stands for Earings Before Interest, Tax, Deprectiation and Amortization
Earnings
kezdjen tanulni
profits/ the bottom line
Depreciation
kezdjen tanulni
refer to loss in value of a tangible asset (eg a vehicle)
Amortization
kezdjen tanulni
refer to loss ina value of a intangible asset (the purchase of licence or trademark)
Interest
kezdjen tanulni
refer to money paid to the bank for loans (or received from the ban for cash balances)
Dividents
kezdjen tanulni
is money paid to shareholders
Retained profit
kezdjen tanulni
is transferred to the Balance sheet, where it joins the amounts from previous years
accounts receivable
kezdjen tanulni
is the amount owed to the business by customers (debtors)
Inventory
kezdjen tanulni
is the value of raw materials & stock
Currents assets
kezdjen tanulni
may also include 'marketable securities' (= shares intended for disposal within one year)
Fixtures
kezdjen tanulni
part of building that cannot be moved such as lights
Fixed assets
kezdjen tanulni
may also include long-term financial investments
Intangible assets
kezdjen tanulni
include patents, trademarks & 'goodwill'(reputation, contracts and expertise of companies that have been bought) (
Bank debt
kezdjen tanulni
(=loan capital) also includes any overdraft (= temporary negative balance)
Account payable
kezdjen tanulni
is money owed to suppliers
Accrued
kezdjen tanulni
items are those where expense has been incurred, but money is not yet paid. 'Accrued salaries' typically includes future bonuses
Provision
kezdjen tanulni
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
kezdjen tanulni
is a long-term bank loan to buy a property
principal
kezdjen tanulni
amount raised by issuing the bonds
share capital
kezdjen tanulni
(= common stock, AmE) is amount raised at initial flotation on the stock market
Retained profit
kezdjen tanulni
(=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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