Technology
Refers to the science of developing computer systems that can mimic human behavior
Artificial Intelligence (AI)
This financial statement shows the money coming in and going out.
What is the cash flow statement
Cryptocurrency designed for digital transactions
What is bitcoin
These managers need information for planning, setting objectives, and making major strategic decisions
What are top level managers
Another word for revenues
What are sales
This represents raw numbers, facts, and figures
What is data
This financial plan that projects cash inflows and outflows over a period of time
What is a cash budget.
This department will report on customers’ credit ratings and current sales prices
What is finance.
Financing that raises needed capital by selling bonds
What is debt financing
The debt owed by a business to an outside individual or organization
What are liabilities
Engineers use this to test computer models digitally before moving new products into the prototype stage
What is computer aided design CAD
Why might suppliers use a company's financial statements?
To assess the company's creditworthiness.
The interest rate that banks charge their best customers
What is the prime rate
This market deals in initial public offerings
What is the primary market
Difference between sales and cost of goods sold
What is gross profit
This is the process of searching and analyzing large amounts of data to reveal patterns and trends that can be used to predict future behavior
What is data mining
Sam's Shoes has assets of $50,000 and liabilities of $20,000. This is Sam's owner's equity
What is $30,000.
Assets=liabilities + OE
This analysis allows a business to determine the level of sales that it must reach to avoid losing money
What is breakeven analysis
This is the most widely reported market index
What is the Dow Jones Industrial Average
This is the schedule displaying the reduction of your debt
What is an amoritization schedule
This is a centralized database in which data from several databases are consolidated and organized so that they can be easily analyzed
What is a data warehouse
_____ is the selling price per unit minus the variable cost per unit
What is the contribution margin per unit.
The three basic functions of money
What are: medium of exchange, measure of value, and a store of value
If your company does well, stockholders may benefit either through appreciation in the value of their stock or through distributed earnings called...
What are dividends
This statement shows your revenues and expenses
What is an income statement