14 A
14 B
Mystery
16 A
16 B
100
A(n) _____ is an internal financial plan that forecasts income and expenses of the organization for a set period of time.
What is a budget?
100
Steps of the accounting cycle (4 steps).
What is: examine source documents, record transactions, post transactions, and prepare financial statements?
100
The first time a company offers stock to the public.
What is an Initial Public Offering?
100
The first time sale of stocks or bonds directly to the public.
What is a New Issue?
100
A loan backed by the borrowers good credit.
What is an unsecured loan?
200
The accounting equation (3 parts).
What is assets, owner's equity, and liabilities?
200
Long-term assets that have no real physical form but do have value.
What is intangible assets?
200
Organization whose members can buy and sell securities for companies and individual investors.
What is the stock exchange?
200
Paying a usage fee for a fixed asset, rather than buying it.
What is renting?
200
The interest rate commercial banks charge their best customers.
What is a prime rate?
300
The ____ ____ is the yearly statement of the firm's financial condition, progress, and expectations provided to stakeholders.
What is the annual report?
300
A(n) ____ is a time-ordered list of account transactions.
What is a journal?
300
Three examples of current assets.
What is accounts receivable, inventory, and cash?
300
A firm raises money for capital projects by selling bonds or notes to individual and/or institutional investors.
What is debt financing?
300
A loan backed by collateral.
What is a secured loan?
400
One type of balance sheets.
What is vertical?
400
Type of ratio used to measure how effectively a firm is using its various resources to achieve profits.
What is profitability ratios?
400
_____ budgets are "top-down" and used for an entire organization.
What is a Master budget?
400
A firm raises money for capital projects by issuing stock in the company.
What is equity financing?
400
A certificate indicating that an investor has lent money to a firm (or a government).
What is a bond?
500
_____ ____ are items that can or will be converted into cash within one calendar year.
What is current assets?
500
Financial statement that provides a summary of money coming into and going out of the firm.
What is statement of cash flows?
500
The debt to total assets ratio indicates how much of a firm is financed by debt and how much by _____ _____.
What is owners' equity?
500
The result of dividing the dividend by the price per share.
What is the dividend yield?
500
Unsecured, short-term funds a bank will lend to a business, provided the funds are readily available.
What is a line of credit?
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