Business Notes

Purchase order

Delivery note

Goods received note

Invoice
Statement of account
Cheque
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Problems-too much stock

• Money tied up
• Stock wont sell
• Lose customers

Increase in Variable cost (affects to break-even)
• Break even would rise
• Need to sell more
• Context could include new break even point
Leading to
• Reduce prices to sell more
• Increase prices to make more
• Reduce fixed costs

BREAK EVEN POINT= Fixed cost
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(Selling price-variable cost)
Break-even analysis
• Identifies sales levels required for profit
• Establish break even at different cost/sales structures

Profit and loss account will show the profit within the business and the overheads of the business.

A fixed asset is a possession of a business that is owed over a year......

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Title: Business Notes
Approximate Word Count: 387
Approximate Pages: 2 (250 words per double-spaced page)

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