Company finance - cash flow, profit and loss account, balance sheet – Practice 1

 

Choose the correct answer:
  1. The client list of a successful training company, all of which are successful businesses may be considered a
  2. A Board member that leaves the company at the age of 65, and whose employment contract is not renewed is entitled to
  3. If a person or business has more debts than money to pay then, this means they have more liabilities than assets, and the are 
  4. The dollar, the euro and the yen are all 
  5. Company cars depreciate quickly. We write them  completely after five years.
  6. In the first year of operation, the company  44 per cent of. its profits into advertising.
  7. His company went  very quickly and now he is looking for a new job to pay all his debts.
  8. In April 1933 the company's  listed income of 25 cents for fashioning a key.
  9. Money which customers owe, that will definitely be paid in the next 60 days is considered a 
  10. In the US, ‘accounts  ' refers to customers that owe the company money