Learn business words through the story of Mrs. Sari’s stall. Each round has 10 questions. After you answer, read the explanation!
mini glossary
- revenue
- : all the money coming in from sales
- capital
- : money to start or run a business
- cost of goods (COGS)
- : the cost to make one item you sell
- gross profit
- : revenue minus cost of goods
- net profit
- : gross profit minus other costs (rent, electricity, wages)
- cash flow
- : a record of money coming in and going out