Financial Statements
What is a "balance sheet"?
A statement of a company's financial position at a specific time.
What is "Equity Capital"?
Stock that is free of debt.
What is "Illiquid Assets"?
Assets that cannot be easily sold of exchanged without a loss of value.
What are "Financial Ratios"?
Used to determine how companies are preforming.
What is an "Invoice"?
List of goods sent, or services provided, with how much is needed to be paid for those services.
What is an "Income Statement"?
A financial report that shows all things to do with profit, loss, and status.
What is "Debt Capital"?
What is "Accounts Receivable"?
Money owed to a business for goods or services that is not paid for yet.
What are "Return on Investments"?
Financial measures to determine the profitability of an investment.
What is a "Chart of Accounts"?
A list of all financial accounts in a company's ledger.
What is a "Cash Flow Analysis Statement"?
What is "Factoring"?
A financial agreement where a business sells their invoices to a finance company.
What is "Fixed Assets"?
Long-term assets that have a play in day-to-day operations.
What is "Return on Equity"?
Measures a company's probability based on its shareholders.
What is "Collateral"?
Something pledged, like a loan, to be taken if not able to pay back.
What would a business use an invoice statement for?
To determine if a business is making profit or not.
What is "Line of Credit"?
The amount of credit given to someone who borrows it.
What is "Liquid Assets"?
Assets that can be easily converted into cash without a loss of value.
Why might a business use Returns on investments?
To determine if it's a good investment or not.
What is "Cash"?