Short Term Debt
Payment of an operating expense necessary to earn revenue
What is revenue expenditure
Obtaining capital by issuing stock
What is equity financing
Purchases of plant assets used in the operation of a business
What is a capital expenditure
The current oldest teacher on staff
Who is Mr. Farley...6 7 in July!
Has value and is owned
What is an asset
Borrowing money for a period of time
What is debt financing
Value assigned to a share of stock
What is par value
Assets pledged to a creditor to guarantee repayment of a loan
What is collateral
These are the official Central Columbia School colors representing all of the combined schools
What is red, white and blue. Silver/gray has been substituted for many uniforms but is NOT an official color:)
The value of the business
What is owner's equity
Bank loan that provides immediate short term access to cash
What is line of credit
Gives preferred shareholders preference over common shareholders in dividends and other rights
What is preferred stock
Long term promise to pay a specific amount on a specific date with interest
What is a bond?
The title of this year's High School Musical
What is Frozen
Meaning of debit and credit
What is left and right
Interest incurred on borrowed funds
What is interest expense
The term for one unit of stock
What is share
A short term loan usually between two businesses
What is a note or note payable
Which current high school employee ran for over 2000 yards in one varsity football season for Central, bowled a 300 game and attended Wilkes University?
Who is Jason Bartholomew
We owe
What is liability
Interest rate charged to the most creditworthy customers
What is the prime interest rate
What is the Dow Jones Industrial Average
This is the last year Central beat Southern in football and Mr. Belolan tripped and 2 interceptions fell into his lap that game all by luck? He graduated later that spring....
What is 1996
The accounting equation
What is assets = liabilities + owner's equity