Save
Busy. Please wait.
Log in with Clever
or
show password
Forgot Password?
Don't have an account?  Sign up 
Sign up using Clever
or
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.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't Know
Remaining cards (0)
Know
0:00
edit
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

TermDefinition
Four basic statements the balance sheet, the income statement, the statement of retained earnings, & the statement of cash flows
Balance sheet assets on the left side & liabilities, equity or claims against assets on the right side.
Income statement reports the results of operations over a period of time, & it shows earnings per share as it’s ”bottom line.”
Statement of retained earnings shows the change in retained earnings between the balance sheet dates.
Operating cash indicates whether a company is able to generate sufficient positive cash flow to maintain and grow its operations
Cash flow cycle the way in which actual net cash 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 the difference between a customer's evaluation of the benefits & costs of one product when compared with others.
Income tax rates are progressive - the higher one's income, the larger the percentage paid in taxes, up to a point.
Assets stocks, bonds & real estate
Operating income paid out as dividends
Interest income the difference between the revenue that is generated from a bank's assets & the expenses associated with paying out its liabilities
Corporate operating losses a business reports operating expenses on its tax return that exceed its revenues
S corporation small businesses which have the limited-liability benefits of the corporate form of organization
Created by: jennmora9
Popular Marketing sets

 

 



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