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chpt 9
Term | Definition |
---|---|
Balance sheet | A report of the balance in the permanent accounts on a specific date. |
Report from | A balance sheet format that list classifications one under another |
Statement of cash flows | A finantial statement that summarizes the cash receipts and cash payments resulting from business activities during a period |
Ratio Analysis | The process of evaluating the relationship between vairous amounts in the financial statements |
Profitability Raitio | |
Return of sales | |
Current assets | |
Current Liabilities | |
Working Capital | |
Liquidity Ratio | |
Current Ratio | |
Quick Ratio |