Cambridge IGCSE Business Studies 5.4 Balance sheets 5.4.1 The main elements of a balance sheet Balance sheet – Financial statement which shows the value of a business’ assets, liabilities, and equity...
Cambridge IGCSE Business Studies 5.3 Income statements 5.3.1 What profit is and why it is important Profit = Sales Revenue – Costs Profit can be increased by Reducing costs Increasing sales revenue...
Cambridge IGCSE Business Studies 5.2 Cash-flow forecasting and working capital 5.2.1 The importance of cash and of cash-flow forecasting Cash – is a liquid asset immediately available for the business to use...
Cambridge IGCSE Business Studies 5.1 Business finance: needs and sources 5.1.1 – The need for business finance Why do businesses need finance? To startup the business – Businesses need money to buy...