Busy. Please wait.
Log in with Clever

show password
Forgot Password?

Don't have an account?  Sign up 
Sign up using Clever

Username is available taken
show password

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.
Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
Didn't know it?
click below
Knew it?
click below
Don't Know
Remaining cards (0)
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


capital budget/financial accounting

cash equivelents highly liquid shot term investment that can be readily turned into cash
cash flows cash receipts and payments
direct method format of the operating activities statement of cash flow; it list major categories of operationg cash receipts and payments
financing activities activities obtained to sustain cash when needed
free cash flow the amount of cash left available after paying for planned investments in plant, equipment, & other long term assets
indirect method format of the operating activities section of the stamnt of cash flows; starts with net income and reconciles to net cash provided by operating activities
investment activitites activities that increase long or short term investments
operating activities activities that create revenue or expense
horizontal anaylsis this year- previous year = () divided by previous year
trend % any year divided by base year x 100
vertical analysis each item divided by revenue (net sales) times 100
common size stmnt only reports percentages
current ratio current assets / current liabilities
acid test (quick ratio) shows how fast you can pay off your debts if they are due immediately
acid test formula cash + short term investments + net current receivables / current liabilities
inventory turnover formula COGS / average inventory
inventory turnover measures the number of times a company sells its average inventory level in a year
Accts Rcvbl turnover measures the ability to collect cash from credit customers
Acct rcvble turnover formula net credit sales / average net accts rcbls
debt ratio measures the amount of assets financed by debt
debt ratio formula total liabilities / total assets
Rate of return formula net income / net sales
rate of return show the % each sales dollar earned as net income
EPS of common stock issued stock - treasury stock
P/E ratio market price per share of common stock / EPS
debenture bonds bonds backed on good faith of the borrower
serial bonds matures in installments at regular intervals
market interest rate interest rate that investors demand in order to loan their money
target costs allowable cost to produce product
opportunity costs the lost benefit for not choosing a particular action
sunk costs a past cost that cant be changed regardless of future action
Created by: nashanta
Popular Accounting sets




Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
restart all cards