Save
Busy. Please wait.
or

show password
Forgot Password?

Don't have an account?  Sign up 
or

Username is available taken
show password

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.
We do not share your email address with others. It is only used to allow you to reset your password. For details read 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.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't know
Remaining cards (0)
Know
0:00
share
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

Chapter 9 Key Terms

TermDefinition
Balance Sheet a report of the balances int the permanent accounts at the end of the period
Current Assets are those used up or converted to cash during the normal operating cycle of the business
Current Liabilities debts of the business that must be paid within the next accounting period
Current Ratio reflects the relationship between current assets and current liabilities
Financial Statements reports prepared to summarize the changes resulting from business transactions
Income Statement reports the net income or net loss for a specific period
Liquidity Ratio is the measure of the ability of a business to pay its current debts as the become due and to provide for an unexpected need for cash
Quick Ratio is a measure of the relationship between short-term assets and current liabilities
Ratio Analysis the process of evaluating the relationship between various amounts in the financial statements
Report Form listing the balance sheet sections one after another
Return on Slales used to examine the portion of each sales dollar that represents profit
Statement of Cash Flows summarizes the following: -the amount of cash the business took in -the sources of cash -the amount of cash the business paid out -the uses of cash
Statement of Changes in Owner's Equity summarizes changes in the owners capital account as the result of a transaction
Working Capital the amount by which current assets exceed current liabilities
Profitability Ratio used to evaluate the earnings performance of the business during the accounting period
Created by: blakebode54
 

 



Voices

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:
Retries:
restart all cards