Unit 5 voba words
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| Accounts payable | Expenses that have been incurred but not yet paid.
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| Accounts receivable | Sales that have been made but not collected.
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| Assets | Items of value owned by the business.
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| Balance sheet | A financial statement that shows what a business owns, what it owes, and how much it is worth at a particular point in time.
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| Break-even point | The point at which the money from product sales equals the costs of making and distributing the product.
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| Cash flow statement | A financial statement that shows the flow of money in and out of the business.
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| Copyright | Legal right to exclusive publication, production, sale, or distribution of a literary or artistic work.
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| Cost of goods sold | The dollar amount a company pays to purchase a product for resale.
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| Current assets | Cash or items of monetary value that can easily be converted to cash and that are used up by a business within one year.
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| Current liabilities | Financial obligations that will be repaid within one year.
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
Dashay
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