Current assets: assets that are expected to be converted into cash within one year of the balance sheet date.Cash: Money in various bank accounts and in cash in the CompanyAccounts receivable: money owned to a Company by its customerAllowance for doubtful accounts: recognition of potential loss of value for possible uncollective billsInventory: raw materials, partially-finished goods, and goods ready for sale held by the CompanyNon-current assets: assets which cannot easily be converted to cash within one year of the balance sheet dateFixed assets: long-term assets owned by a Company and used in its continuing operationsLand and Building: property and premised owned by the organizationPlant and machinery: the manufacturing facility and production equipmentDepretiation: an expense attributed periodically to a long-term tangible assets for its reduction in value. To become less valuable over a period of timeCurrent liabities: Debts and obligations of a Company which have been incurred but not yet paidAccounts payable: money owned to suppliers from products and services bought on creditNotes payable: money borrowed by Company due within one year of the balance sheet dateFixed costs: remain the same and are not dependent on level of activity Variable costs: Change according to level of activityDirect costs: are related to a specific product or departmentAssets: A thing of value, especially property, that a person o Company owes, which can be used or sold to pay debtsLiability: The amount of money that a person or Company owesOverheads: The regular costs of running a business or organizationCatering: Providing food and drinks for meeting or social eventsMaintenance: keeping something in good condition Interest: Payment on a loanConvey: to communicate Channel: to direct th into a particular place or situation Reinforce: to strengthen, back up (fortalecer) Emerges: come across, become clear Distinctive: individual Consistency: not varied, always happening in the same way Credibility: when th or someone can be believed or trusted Harness: to control th in order to use its power (arneses) Struggles: to experience difficulty and make a great effort to do th (luchar) Unlock: to release, realize or make more active (descubrir) Reached a peak: alcanzar una cima

GERUNDSAdjectives + preposition + gerund: Interested in knowing, Good at seeing, concerned about, responsibility for, know forVerb + preposition + gerund: focus on bringing, kept on talking, involves, rely on, concentred on, deny, avoid Noun + preposition + gerund: experience of seeing, challenge of managing, as a result of seeing, problem in finding, important of, the keys to