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Accounting 201

Terms

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Interest due on $ borrowed
Operating
Income taxes paid
Operating
Pay A/P
Operating
Collect A/R
Operating
Prepay Rent
Operating
Borrowing from bank
Financing
Current Ratio
CA/CL
Quick Ratio
Quick Assets($ + short-term investments)/CL
Accounts Receivable Turnover
Net Sales/Average Accounts Reveivable
Inventory Turnover
CGS/Average Inventory
Fixed Asset Turnover
Net Sales/Average Fixed Assets
Accounts Payable Turnover
CGS/Average Accounts Payable
Debt to Equity
Total Liabilities/Total SE
Financial Leverage
Average Total Assets/Average Total SE
Asset Turnover
Sales Revenue/Average Total Assets
Return on Equity
Net Income/Average SE
Gross Profit Ratio
Gross Profit/Net Sales
Net Profit Margin
Net Income/Net Sales
Return on Assets
Net Income/Average Total Assets
Cash received from sale of investments in another company
Investing
Receiving Payment of Loan
Investing
Short term investment
Investing
N/R
Investing
Cash put into stock market for growth
Investing
Long-term borrowing
Financing
Short-term borrowing
Financing
Dividends Paid
Financing
Payment on debt principal
Financing
Proceeds from sale of equiptment
Investing (LTA)
Purchase treasury stock
Financing
Dividends Received
Operating
Purchase of Land by issuing stock
Not on statement!
Depreication expense
Operating
Net Book Value=
Aquisition cost- accumulated depreication
Recigbutuib if revenue/expense before the cash is received
accrual
recognition of revenue/expense after the cash is received
deferral
Bonds are issued at a discount when market rate is ___ than stated rate
higher
Bonds are issued at a premimum when market rate is ____ than stated rate
lower

Deck Info

38

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