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

P 40, 41 Accounting

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