Business English Decoded

What does the term 'assets' refer to in a business?

• What the business owes

• The employees of the business

• What the business owns

• The money spent

What is the equation that shows how profit is calculated?

• Revenue times expenses

• Expenses minus revenue

• Revenue minus expenses

• Revenue plus expenses

What does a SWOT analysis help a business to identify?

• The amount of profit

• The products sold

• Strengths, weaknesses, opportunities, and threats

• The number of employees

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What does the balance sheet represent?

• The marketing strategy

• The number of customers

• The total sales for the year

• A snapshot of the business at a specific time

What is ROI an abbreviation for?

• Return on investment

• Revenue on income

• Rate of interest

• Return on income