Finance & Accounts Review
Formula Sheet 2024 |
Unit 3.1: Introduction to Finance
summary: 'We don't say buy or spend anymore? Then what do I say?'
Unit 3.2: Sources of Finance
summary: 'I need money for my business, how and where do I get it?'
Unit 3.3: Costs & Revenues
summary: 'What information can I create using money that I might find useful?'
Unit 3.4: Final Accounts
summary: 'How can I keep a record of all the money I make and spend? How would I organize all of that information?'
Unit 3.5: Profitability & Liquidity Ratio Analysis
summary: 'Now that I have an organized recording of my money, what information can it tell me?'
Unit 3.6: Efficiency Ratio Analysis [HL only]
summary: 'Now that I have an organized recording of my money, what information can it tell me?'
Unit 3.7: Cash Flow
summary: 'When I make money, how much do I have to keep to continue running the business and how much can I keep for myself?'
Unit 3.8: Investment Appraisal
summary: 'Should I spend this money on the business or not?'
Unit 3.9: Budgets [HL only]
summary: 'How can I be more responsible with my money?'
textbook questions ANSWER KEY
Unit 3 Review worksheets
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