ESB-Domain 4 Vocabulary

Front

The point where a business's revenue matches its expenses over a given period.

Back

Break-Even Point

Front

The amount of money a business plans on spending during a given period.

Back

Budget

Front

The number of sales and other income in a business for a given period.

Back

Revenue

Front

A financial statement that details a business's revenue and expenses for a given period.

Back

Income Statement

Front

A tangible item a business owns.

Back

Asset

Front

A document that compares assets to liabilities plus owner's equity.

Back

Balance Sheet

Front

The price a company charges for its product or service. The selling price is determined by adding the cost price and the profit margin the company wants to earn.

Back

Selling Price

Front

Costs a business has that remain the same no matter the volume of production.

Back

Fixed Costs

Front

A calculation used to measure a business's monthly cash flow.

Back

Burn Rate

Front

What is the calculation used to determine how much an investment is making? Options: ROI, Run Rate, Variable Costs, Operating Costs

Back

ROI