or

or

taken

why

Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.

Don't know
Know
remaining cards
Save
0:01

 Flashcards Matching Hangman Crossword Type In Quiz Test StudyStack Study Table Bug Match Hungry Bug Unscramble Chopped Targets

Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

Normal Size     Small Size show me how

# AR ADV SS UNIT 8

Amortization schedule A file with details about each loan payment, specifying how much of the payment is devoted toward interest and how much toward repaying the principal
Balance sheet A file that shows what the company owns and how its assets are financed
Cash flow The movement of cash assets into or out of an account
Cash inflow Cash coming into a business from revenue
Cash outflow Cash paid out of a business
Cost of goods sold Any costs directly related to production of a tangible item
Declining balance depreciation Depreciation of an asset by a constant percentage each year rather than a constant amount
Dependent cell A cell whose value depends on the value of other cells
Depreciation The process of allocating the original cost of the investment over the years of use
Discount rate Time value of money, quoted as a percentage to indicate the value of future dollars
Error indicator A green triangle in the upper-left corner of a cell that contains an error or potential error
Extrapolate To calculate a series of values from a starting point without a defined ending point
FV function The financial function to calculate the future value of an investment or loan
Gross profit The difference between the company's sales revenue and the cost of goods sold
Growth trend When values change not by a constant percentage; when plotted, a growth trend appears as a curve with the greatest increases occurring near the end of the series
Income statement A file that shows how much money a business makes or losses over a specified period of time
Internal rate or return (IRR) The point at which the net present value of an investment equals zero
Interpolate To fill in missing values when you know the beginning and the ending values in a series and the series trend
Linear trend When values change by a constant amount; when plotted, a linear trend appears as a straight line
Negative cash flow The movement of cash assets out of an account
Net income Income after all expenses and taxes have been paid
Net present value The current value of all the cash inflows and outflows in an investment adjusted by the time value of money
NPER function The financial function to calculate the number of payment periods in an investment or loan
Payback period The length of time required for an investment to recover its initial cost
PMT function The financial function to calculate the amount paid into an investment or loan during each payment period
Positive cash flow The movement of cash assets into an account, also called cash inflow
Precedent cell A cell whose value is used to calculate the active cell's value
Profit and loss statement A file that shows how much money a business makes or losses over a specified period of time
PV function The financial function to calculate the present value of an investment or loan
Tangible asset A long lasting material asset not intended for sale, such as equipment, land, buildings and delivery trucks
RATE function The financial function to calculate the interest rate charged or received during each payment period
Rate of return The time value of money, also known as the discount rate
Risk The possibility that an entire transaction will fail, resulting in a loss of the initial investment
Time value of money The assumption that money received today is worth more than the same amount received later
Tracer arrow An arrow that provides visual clues to the relationship between two cells by pointing from the precedent cell to the dependent cell
Salvage value The value of an asset at the end of its useful life
Straight-Line Depreciation Depreciation of an asset by equal amounts each year of its lifetime until it reaches the salvage value
Created by: Jame Pearce