Test Your Finance Knowledge!
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Capital, in the financial sense, is the money which gives the business the power to buy goods to be used in the production of other goods or the offering of a service.
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Which term is used for "Money which is used to purchase assets that will remain permanently in the business and help it to make a profit"?
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The method of Depreciation for Intangible Assets is known as…………..
What does Ploughing back of profit mean?
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Match the following:
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Liquidity Ratios measure the availability of cash to pay debt. Mention the most common example Liquidity Ratios:
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Sequence the steps to create a P&L statement