1. Acid test ratio
    • Used for cash flow in a business
    • Formula: current assets-closing stock/current liabilities
    • Ans should be 1:1 means that every euro that falls in the short term there is one to meet it
  2. Advertising
    The communication of information about a product or service to the general public in the hope of selling the good or service.
  3. Agenda
    A list of terms to be dealt with at the meeting. The agenda should be relevant to those at the meeting.
Author
cat126
ID
339864
Card Set
Description
Updated