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

Accounting Ch.3

TermDefinition
Acid-Ratio Test the ratio sum of cash (including temporary cash and investments) and accounts receivable to current liabilities. A primary measure of a firm's liquidity.
Asset Turnover the quotient of sales divided by the average assets for the year or other fiscal period.
COD cash on delivery, or collect on delivery.
Credit Risk the risk that an entity to which credit has been extended will not pay the amount due on the date set for payment.
Current Ratio the ratio of current assets to current liabilities. A primary measure of a firm's liquidity.
DuPont model an expansion of the return on investment calculation to margin x turnover.
Interest the income or expense from investing or borrowing money.
Interest Rate the % amount used, together with principal and time, to calculate interest.
Liquidity refers to a firms ability to meet its current financial obligation.
Margin the % of net income to net sales. Sometimes margin is calculated using operating income or other intermediate subtotals of the income statement. The term can also refer to the amount of gross profit, operating income or net income.
Principal the amount of money invested or borrowed.
Rate of Return a percentage calculated by dividing the amount of return on an investment for a period of time by the average amount invested for the period. A primary measure of profitibility.
Return on Assets (ROA) same as Return on Investment
Return on Equity (ROE) the percentage of net income divided by average stockholder's equity for the fiscal period in which the net income was earned; frequently referred to as ROE. A primary measure for a firms profitability.
Return on Investment (ROI) a measure of a firms profitibility
risk a concept that describes the range of possible outcomes from an action. the greater the range of possible outcomes, the greater the risk.
Semi logarithmic graph a graph format in which the vertical axis is a logarithmic scale.
Trend Analysis evaluation of the trend of data overtime
Turnover the quotient of sales divided by the average assets for the year or some other fiscal period. A measure of the efficiency with which assets are used to generate sales.
Working Capital the difference between current assets and current liabilities. A measure of a firm's liquidity.
Created by: acorso3
 

 



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