Income Statements 101
Income Statements 101Cont'd
Up To Par With Income Statements
Up To Par With Income Statements Cont'd
Potpourri
100
A business that loses items to theft includes those items in which category of the income statement?
What is operating expenses? idk
100
______________ ______________ is another term for an income statement.
What is operating statement?
100
A business analyzes the information in an income statement by transforming the final numbers into finanaical ___________
What are ratios?
100
A creditor reviews a business's income statement to decide if the business will be able to repay a ________.
What is loan?
100
What day is graduation?
What is May 24?
200
Interest a business earns fromits bank accounts is included in which catefory of the income statement?
What is revenue?
200
An income statement should be as accurate as possible because businesses use it to develop additional _____________ _______________.
What are financial documents?
200
A business oftens compares the information from an income statement for several yeare to calculate? Total debt or Sales growth?
What is sales growth?
200
Stockholders monitor a business's income statement because they are the business's __________.
What are owners?
200
A business's most valuable resource is __________?
What is human?
300
A business's income statement provides a ___________ ___________ of the business.
What is financial picture?
300
An accurate income statement helps a business to identify? Trouble spots or Potential Sales?
What are potential sales?
300
By comparing categories in an income statement, a business will be able to determine if it is? Earning too much income or spending too much on expenses?
What is spending too much on expenses?
300
When a business monitors its financial status it helps the business to decide what to do with? Earned profit or Estimated sales?
What is earned profit?
300
A first line management job title would be?
What is chief executive officer?
400
What category of an income statement indicates total profit?
What is net profit?
400
Is an example of an expense that a business would include in the operating-expenses category of an income statement. Cost of raw materials or insurance payments?
What are insurance payments?
400
Who analyzes income statements?
What are managers, potential investors, and/or creditors?
400
A business might decide to "Decrease transactions" or "Increase expenses" after comparing categories of the income statement.
What is decrease transactions?
400
Walmart is what type of business ownership?
What is public corporation?
500
The basic calculation used to analyze an income statement is?
What is income minus expenses?
500
The bottom line in a business's income statement indicates?
What is net income?
500
A business compares its income statement figures with those of competitors to find out how it is doing in relation to ______________ _____________.
What are industry standards?
500
The information about profit in a business's income statement helps to establish a business's stock's?
What is Value?
500
Mrs. Chambers decided to sell Longaberger baskets again, what type of business ownership is this?
What is multi-level marketing?