Business Finance. Top Notch Clarity.

All the money coming into the business, also called 'Sales Revenue'. Operating Profit The amount of profit which the business has made on its main activities. Corporation Tax The tax which private and public limited companies must pay on their profits. Dividends The part of a company's profit paid out to shareholders. Balance Sheet Shows exactly how much a business is worth on a stated day. A statement of what the business owns and owes on a given date. (One moment in time, the assets and liabilities for a business change all the time). The 'balance sheet' provides information on what the business owns, these are called 'Assets'. It also shows where the money has come from and how much it owes, these are called 'Liabilities'. Add Everything together but only Minus the Current Assets from the Current Liabilities. Liquidity The ability of a business to pay off its debts at short notice. Fixed Assets