Busy. Please wait.

show password
Forgot Password?

Don't have an account?  Sign up 

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.
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.
Didn't know it?
click below
Knew it?
click below
Don't know (0)
Remaining cards (0)
Know (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

financial statement

balance sheet shows its assets on the left-side and the liabilities and equity, or claims against assets, on the right-side.
income statement reports the result of operations over a period of time, and it shoes earnings per share as its ''bottom line''.
statement of retained earnings shows the change in retained earnings between the balance sheet dates
operating cash is paid out as dividends and plowed back into the business to produce growth
cash flow cycle is the way in which actual net cash, as opposed to accounting net income, flows into or out of a firm during some specified period
statement of cash flows reports the impact of its operating, investing, and financing activities on cash flows over an accounting period
value any asset depends on the stream of after-tax cash flows it produces.
income tax rates are progressive- the higher one's income, the larger the percentage paid in taxes, up to a point
assets such as stocks, bounds, and real estate are defined as capital assets
operating income paid out as dividends is subject to double taxation
interest income received by a corporation is taxed as ordinary income however, 70 percent of the dividends received by one corporation
Created by: nrojo6654



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