Show:
Chapter 19
Chapter 20
Chapter 21
Analysis Formulas
Miscellaneous
100
The Small Business Administration guarantees repayment of up to 90 percent of a loan if a business should do this .
What is fail
100
Anything of value that a business owns is called this
What is asset
100
Owners, lenders, and creditors use this to determine the financial strength, activity, or bill-paying ability of the business.
What is ratio analysis
100
This involves the comparison of two or more amounts on a financial statement and the evaluation of the relationship between these two amounts.
What is Ratio Analysis
100
This ratio compares current assets and current liabilities.
What is current ratio
200
The "first" sale of stock in a company on a public stock exchange.
What is Initial Public Offering (IPO)
200
Posting to this will keep your account balances accurate
What is general ledger
200
This shows the number of cents left from each dollar of sales after expenses and income taxes are paid.
What is net profit
200
This is CURRENT ASSETS / CURRENT LIABILITIES
What is current ratio
200
Insurance and rent are examples of this type of expense
What is fixed expenses
300
A one-time cost for major pieces of equipment are called this.
What is capital expenditures
300
The amount your business owes to creditors is this
What is liabilities
300
A financial statement with financial data from two accounting periods is this.
What is comparative financial statement
300
This is TOTAL LIABILITIES / TOTAL ASSETS
What is debt ratio
300
This is CURRENT ASSETS - CURRENT LIABILITIES
What is working capital
400
Most entrepreneurs get their businesses off the ground by operating as frugally or cheaply as possible.
What is bootstraping
400
Complete this formula: assets = liabilities + ____________________
What is owner's equity
400
These are long-term commitments of large sums of money to buy new equipment or replace old equipment.
What is capital expenditures
400
This is NET INCOME / SALES
What is net income on sales ratio
400
This can be a month or a quarter, but the most common is a year when calculating accounting figures
What is accounting period
500
Background checks of an entrepreneur, his team, and his business by a team of experts hired by a venture capitalist is called this.
What is due diligence
500
You are using a ____________________ if you record your income when it is received and your expenses when they are paid.
What is cash basis
500
Supplies, wages, and production materials are examples of this
What is variable expenses
500
This is CASH + ACCOUNTS RECEIVABLE (short term liquid assets) / CURRENT LIABILITIES
What is QUICK RATIO
500
The bankers" five Cs include character, capacity, collateral, conditions, and this.
What is capital