Types of Business
Financial Statements
Time Value
Show me the money
For the love of finance
100
This type of business is owned by one person.
What is a sole proprietorship?
100
These are short term assets expected to be converted to cash within 1 year.
What are current assets?
100
This is the value at some future time of a deposit made today.
What is future value?
100
This refers to the rising trend in the general price level.
What is inflation?
100
This subject is the art and science of managing money.
What is finance?
200
This type of business is owned by two or more people.
What is a partnership?
200
Refers to the loss in value of fixed assets over time.
What is depreciation.
200
This is the current dollar value of a future amount.
What is the present value.
200
The price charged by the suppliers of capital and paid by the user.
What is the interest rate?
200
This refers to the ability of a firm to satisfy short-term debt.
What is liquidity?
300
These are the owners of a corporation.
What are stockholders.
300
This refers to the balance of profit not paid over to stockholders.
What is retained earnings?
300
This represents the return missed on some forgone investment.
What is opportunity cost?
300
This is a long term debt instrument, that indicates the corporation has borrowed long-term money.
What is a bond?
300
This ratio is measured as current assets divided by current liabilities.
What is the current ratio?
400
Daily Double - this refers to the distribution of cash to stock holders
What are dividends?
400
This refers to the total amount of funds provided by the firms owners.
What is equity?
400
This is a stream of equal periodic payments.
What is an annuity?
400
This represents the percentage of a bond's par value that will be paid annually.
What is the coupon rate?
400
This ratio is calculated as earnings available to stockholders divided by total assets.
What is return on assets?
500
This term refers to creditors rights to claim assets of the owners of the business for the firm's debt outstanding.
What is unlimited liability?
500
This refers to the price paid for a business in excess of its market value.
What is goodwill?
500
This is an annuity with infinite life.
What is a perpetuity?
500
This measures the bonds cash return in one year as a share of its price.
What is the current yield?
500
Daily Double - This person has been the best instructor of financial management.
Who is Dr. Leo-Rey Gordon
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