This website uses cookies to ensure you have the best experience. Learn more

Unit 5 P2 Definitions Essay

833 words - 4 pages

P2 - Definitions
Capital Income: This is the net worth of a business. It’s the amount in which assets exceed liabilities. It’s the income that comes from capital, which means it’s coming directly from the government itself, rather than any specific production or direct work. Capital income includes stock dividends or any sort of capital gains, as well as income an owner gets from a business they own.
Sole traders: If you’re self-employed then it means you work for yourself, and not for an employer. A sole-trader is a self-employed person and they are the sole owner of their business.
Partners: Partners are people who have shares within businesses. This means they don’t solely own the ...view middle of the document...

Some companies receive revenue from interest, royalties, or other fees.
1) In general, a transaction between two parties where the buyer receives goods (tangible or intangible), services and/or assets in exchange for money.

2) An agreement between a buyer and seller on the price of a security.
Rent received: This means someone owns a property, and they decide to allow others to live there with a cost, generally a monthly fee. Rent received now means that the tenant of the house pays money to the owner to live there.
Commission received: An agreed upon or fixed by custom or law fee generally with an agent, broker, or salesperson for facilitating, initiating, and/or executing a commercial transaction.
Explain the difference between Capital and revenue income:
Capital income is the net worth of a business whereas is revenue income is where an owner’s equity is increased from operations and other activities from a business.
Capital Expenditure:
Fixed Assets: Fixed assets are purchased for long-term use and aren’t likely to be converted quickly into cash, such as land, buildings, and equipment.

Land and buildings: The land is just the area used by a business for its premises and for its business functions and operations. The buildings are just the premises.
Office equipment: This includes printers, fax machines, computers etc...
Machinery: This can be things like big factory equipment such as fork lift truck, cement mixers...

Other Papers Like Unit 5 P2 Definitions

Gas Turbine Lab Essay

613 words - 3 pages side of the Gunt ET972 Small Gas Turbine Demonstration Unit, outlining the main controls and information displays to the user. Table of Results   | | | | | | | Experiment No. | 1 | 2 | 3 | 4 | 5 |   | Gas TG °C | 22.8 | 25.3 | 26.8 | 27.6 | 27.7 | | Gas Nozzle Pressure, PD [Barrel] | 0.64 | 0.78 | 0.89 | 0.98 | 1.1 | | Compressor Inlet, T1 [°C] | 32.3 | 33.4 | 32.8 | 33.2 | 34 | | Compressor Inlet, T2 [°C] | 79.2 | 88.4

Курсовая В Labview Essay

1502 words - 7 pages a scale factor 5(. The scale of the wind direction simultaneously serves to set the map angle (. [pic] Fig. 2 1 – electrical circuit of АНУ-1, 2 – simulator of heading, 3 - simulator of track angle, 4 - ground speed simulator, 5 - simulator of temperature receiver, 6 - control display unit, 7 - switching unit БК-1, 8 – test jacks for voltage measurement, 9 - wind selector ЗВ-1, 10 – counter НИ-50 сч, 11 - selector of map angle ЗУК-1, 12

Managing Human Resource

2603 words - 11 pages following grading criteria: PASS Criteria: LO 1 Understand the different perspectives of human resource management 1.1 Explain Guest’s model of HRM (P1) 1.2 Compare the differences between Storey’s definitions of HRM, personnel and IR practices (P2) 1.3 Assess the implications for line managers and employees of developing a strategic approach to HRM (P3) LO 2 Understand ways of developing flexibility within the workplace 2.1 Explain how a model of

Warren Buffet Investment Bnsf

1053 words - 5 pages Ch 11 #1, 2, 4, 6, 7(DW), 12(DW), 18, 21, 22, TW11 Question 1. Based on the best available econometric estimates, the market elasticity of demand for your firm’s product is -1.50. The marginal cost of producing the product is constant at $75, while average total cost at current production levels is $200. Determine your optimal per unit price if: a. You are a monopolist. b. You compete against one other firm in a Cournot oligopoly. c

dutch politcs presentation

981 words - 4 pages performance at work, This unit is designed around where you are employed. Another option is that you could use information from where your relatives work. However you wish to attempt this unit, the work must be applied to an actual business. Task 1- Report P1, P2 and M1 (Report) (P1) From analysing your chosen organisation – describe the internal and external factors to be considered when manpower planning; to include: What is

Unit 22 Workbook

1720 words - 7 pages Unit Aims This unit aims to develop learners’ understanding of the purpose of research in the health and social care sectors. Learners will be able to explore different research methodologies, enable them to plan and conduct their own research relating to a health or social care issue and evaluate the success of the outcomes. Unit Objectives 1 Understand the function of research in health and social care 2 Understand ethical issues

Us Recession in Macroeconomics Perspective

530 words - 3 pages advancement, US economy is less affected by oil price in recent years compared with in 1970s. Exhibit 5 shows the decreasing trend of oil consumption per unit of real GDP in the recent fifteen years. Exhibit 5 Source: OPEC Annual Statistical Bulletin, U.S. Department of Commerce: Bureau of Economic Analysis

Outline the Function of the Main Cell Components

541 words - 3 pages information with colleges. Create a list of how service users’ rights to confidentiality are protected in the health and social care sector. 1. Follow legislation, policies and procedures. 2. Ask for consent to share information. 3. Security confidential information. 4. Verify identification of person. 5. Ensure privacy is given when receiving care. Criteria: P1, P2- L2 Describe how an employee can plan to maximise

Cafè Xaragua

1566 words - 7 pages level is needed to hit this target? Operating Income = Sales – Operating costs [OPI = S – OPC] We want: OPI = 0.15 * S So: 0.15*S = S – OPC So: 0.85*S = OPC But: S = Price1*Quantity1 + Price2*Quantity2 + Price3*Quantity3 + Price4*Quantity4 [P1*Q1 + P2*Q2 + P3*Q3 + P4*Q4], where 1,2,3,4 are respectively: Regular drink, specialty drink, baked good, coffee bag. With the assumption of 1 customer per drink sold, we also know that: Q1 = Q2 = Q3 = 5

The Business Environment

697 words - 3 pages Course Title | BTEC Level 3 Nationals in Business | Unit Title | The Business Environment (60 hour unit) | Level | 3 | Unit Number | 1 | Unit Credit | 10 | Assignment Title | Business Types and their Stakeholders | Part Unit | P1, P2, M1 and D1 | Whole Unit | No | Learner Name | | Signature | | Assessor | Scott Haragan; Des Corliss; Barbara Mercer | Signature | | Start Date | 17/11/14 | Submission Date | 10/12/14 | Feedback

Top Down Network Design

1971 words - 8 pages CA218 Introduction to Databases Notes Chapter 4: Entity-Relationship (ER) Data Modelling • • • • • Introduction ER Definitions ER Notation Relationships ER Examples (c) Martin Crane 2011 CA218 Introduction to Databases Notes Introduction to ER Modelling • • • • • An Entity-relationship model (ERM) is an abstract and conceptual representation of data. ER modelling is a DB modelling method, used to produce a type of conceptual

Related Essays

Foreign Exchange Essay

4648 words - 19 pages matrix, and I n×n n × n unit matrix. Hence, we can get r  0 1  − P − 2 (2σ P1P1Q1 − 2σ P1P2 Q2 − 2σ P1F1 X 1 + 2σ P1F2 X 2 ) =  (A.4)   P2 − r ( −2σ P P Q1 + 2σ P P Q2 + 2σ P F X 1 − 2σ P F X 2 ) = 0 2 1 2 2 2 1 2 2   2 Rewrite equations (A.4), we have P  1 σ P1P1Q1 − σ P1P2 Q2 = σ P1F1 X 1 − σ P1F2 X 2 − r  (A.5)  P2  −σ Q + σ Q = X + σ X + −σ P2 F1 1 2 P2 P2 2 P2 F2  P2 P1 1  r Appendix B Proof of Corollary 2: The first

Btec Level 2 Unit 1 Essay

976 words - 4 pages feature article on local businesses Task: 1. Learners must describe (P1) the type of business, purpose and ownership of two contrasting businesses 2. Learners must describe (P2), explain (M1) the different stakeholders who influence the purpose of two contrasting businesses 3. Learners must describe (P3) how two businesses are organised 4. Learners must explain (P4) how their style of organisation helps them to fulfil their purpose 5. Learners

Btec Level 3 Health And Social Care

1414 words - 6 pages must show that the learner is able to: P1 describe physical, intellectual, emotional and social development through the life stages P2 describe the potential influence of five (5) life factors on the development of individuals P3 describe the influence of two predictable and two unpredictable major Life events on the development of the individual P4 describe two (2) theories of ageing P5 describe physical and psychological changes

Bus. Math Essay

2209 words - 9 pages - bP _____ Sq = c + dP _____ _____ (1) where Dq = quantity demanded, Sq = quantity supplied, P = price per unit and a,b,c, and d are constants.  Note: Remember that the constants a till d will always be given to you with values assigned, e.g. a = 5. Interpreting the equations: When given a value for the price, the quantities supplied and demanded can be obtained by plugging the value for P into the equations and solving for Dq and Sq. For