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  3. explain basic financial terminology, example owner

Explain basic financial terminology, example owner's capital, cost of sales, profit margin, capital and operational budget, taxation……...

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General Management

Explain basic financial terminology, example owner's capital,cost of sales, profit margin, capital and operational budget,taxation……...

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Owners capital or capital in any business is the investment or contribution of the owner in his business Cost of Sales Also known as cost of goods sold it is all the direct cost associated with production of goods that is later sold by the company    See Answer
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