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You must be wearing these indoors at all times according to COVID policies
What is a face mask?
A system of analyzing, recording, summarizing and reporting the results of a business’s activities.
What is accounting?
First financial statement prepared
What is the income statement
Revenue - $60000, Expenses - $35000
Net Income?
What is $25000
The most popular spreadsheet developing tool
What is Microsoft Excel?
What is 1831
They are measured at the amount the business charges the customer.
What is revenue?
Reports the way that net income and the distribution of dividends affected the financial position of the company during the period
What is The Statement of Retained Earnings
A = $95000, L = $60000, C = ?
What is $35000
Group of cells arranged horizontally to provide uniformity.
What is a row?
24-52 in Miami
What is 2021 National Championship
The basic accounting equation
What is A = L + SE?
"Cash paid to buy equipment" line may show up in this statement
What is the Statement of Cash Flows?
Calculated by dividing net profit by revenue
What is Net Profit Margin?
Refers to a cell or a range of cells on a worksheet and can be used in a formula
What is a cell reference?
Number of Football National Championships before the 21st century
What is 12?
A debit to this will decrease Net Income
What is an Expense?
Investors are primarily interested in assessing
What is Statement of Retained Earnings or Income Statement
A company calculates Current Ratio to measure this
What is Liquidity?
Type of chart which displays information as a series of data points
What is a line chart?
Culverhouse College of Business Dean
Who is Dr. Kay M. Palan
US organization responsible for developing accounting rules
What is the Financial Accounting Standard Board, FASB?
Flows from the Statement of Retained Earnings to the Balance Sheet.
What is Ending Retained Earnings
Debt-to-Equity Ratio, Equity Ratio, Debt Ratio
What is Solvency Ratios?
With this tool in Power BI, you can create a page in your report that focuses on a specific entity.
What is a drill through?