TEST FOR ETHAN
A. Give two benefits of using budget…..
1.clealy future
2.I don’t know
B.
(1)If actual revenue-budget revenue= +100,what does it tell you?
-adverse
-favorable ( (I choose this))
-I’m stupid, I DON`T KNOW!
(2)If actual cost-budget cost= -100,what does it tell you?
-Adverse (( I choose this))
-favorable
-I`M rubbish, I don’t know
C. give two reasons causes cash-flow. And give your understanding in Chinese
(1)You bought too many stuffs, but you made products less than your stuffs
(2)in the nice opportunity, you didn’t do business
D. Two ways to improve cash-flow. Show your understanding in Chinese
(1)a short bank loan
(2)overdraft
E. Show the formula and answer the questions
1. net profit margin
Fromula:
Net profit margin / sales revenue *100%
A business makes 1500 profit from sales revenue 3500
1500/3500*100%=42.86%
2. return on capital
Formula:
Net profit margin /investmen finance *100%
A business makes 3000 profit from 10000investment finance
3000 / 10000 *100%=30%
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4 comments:
B(2)WRONG!
net profit margin:
profit before tax/sales revenue*100
return on capital:
profit before tax/investmet*100
A
Give the business direction and coordinate
encourage colleague motivate them
to run the business efficiently
accurate forecasting
B:Favourable...^^
How is your DAILY blog coming along - you know, the one you write every day!
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