Amount earned by delivering goods or services to customers

Outflow of assets or increasing liabilities in the course of delivering goods or services to customers

Economic resource that have a future benefit

The process of changing ideas into commercial opportunities and creating value

These type of ratios indicate the ability to pay short term labilities when they come due

Tangible and intangible items that the new venture owns that have value

Protects the "form of expression of an idea" and not just words themselves

Type of ratios indicate the extent to which the venture is in debt and its ability to repay its debt obligations

Stage when venture is organized, developed, and initial revenue model is put in place

= Avg total assets/avg owners equity

Intellectual property rights that allow firms or others to differentiate their products and services through the use of unique

debts payable to outsiders who are known as creditors

Stage involving the progression from an idea to a possible business opportunity

sheet shows financial position of a new venture by listing its resources, debts and ownership claims

A shorter cash _______ cycle means greater liqudity

venture owned by two or more individuals who are jointly and personally liable for the venture's liabilities.

stage when revenue and cash flow growth continues but at a much slower rate compared to the rapid growth stage

Statement of owners equity

Summary of changes in owners captial during a specific period.

Shows the relationship between two or more financial variables

used to examine a ventures performance over time

Cross sectional analysis

used to compare a ventures performance against another firm at the same point of time

Industry comparable analysis

used to compare a ventures performance against the average performance in the same industry

Cash - materials - finished goods - recievables

Help

Options

focusNode

Didn't know it?
click below

Knew it?
click below

Don't Know

Remaining cards (0)

Know

retry

shuffle

restart

0:00

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

Entpre 425 Exam 1

Question	Answer
Account Equation =	Liabilities+Owner's Equity
Revenue	Amount earned by delivering goods or services to customers
Expenses	Outflow of assets or increasing liabilities in the course of delivering goods or services to customers
Assets	Economic resource that have a future benefit
Net Income/ Avg total assets	ROA
Entreprenurship	The process of changing ideas into commercial opportunities and creating value
Liquidity	These type of ratios indicate the ability to pay short term labilities when they come due
Assets	Tangible and intangible items that the new venture owns that have value
Copyright	Protects the "form of expression of an idea" and not just words themselves
Leverage	Type of ratios indicate the extent to which the venture is in debt and its ability to repay its debt obligations
Startup	Stage when venture is organized, developed, and initial revenue model is put in place
Equity Multiplier	= Avg total assets/avg owners equity
Trademarks	Intellectual property rights that allow firms or others to differentiate their products and services through the use of unique
Liabilities	debts payable to outsiders who are known as creditors
Development	Stage involving the progression from an idea to a possible business opportunity
Balance Sheet	sheet shows financial position of a new venture by listing its resources, debts and ownership claims
Conversion	A shorter cash _______ cycle means greater liqudity
Partnership	venture owned by two or more individuals who are jointly and personally liable for the venture's liabilities.
Maturity	stage when revenue and cash flow growth continues but at a much slower rate compared to the rapid growth stage
Statement of owners equity	Summary of changes in owners captial during a specific period.
Financial ratios	Shows the relationship between two or more financial variables
Trend analysis	used to examine a ventures performance over time
Cross sectional analysis	used to compare a ventures performance against another firm at the same point of time
Industry comparable analysis	used to compare a ventures performance against the average performance in the same industry
Cash on hand =	Better than cash not on hand
Operating cycle	Cash - materials - finished goods - recievables

Created by: SWiedeman

"Know" box contains:
Time elapsed:
Retries: