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.

Remove ads
Don't know
remaining cards
To flip the current card, click it or press the Spacebar key.  To move the current card to one of the three colored boxes, click on the box.  You may also press the UP ARROW key to move the card to the "Know" box, the DOWN ARROW key to move the card to the "Don't know" box, or the RIGHT ARROW key to move the card to the Remaining box.  You may also click on the card displayed in any of the three boxes to bring that card back to the center.

Pass complete!

"Know" box contains:
Time elapsed:
restart all cards

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 Acct

Current Ratio Current Assets/Current Liabilities
Current Ratio use Does the company have the current ratio measures a company's ability to pay short-term obligations with short-term assets—a liquidity measure/low level of liquidity, below 1.0,
Investing Investing activities include buying and selling noncurrent assets and investments.
Financing Financing activities include borrowing and repaying debt, including short-term bank loans, issuing and repurchasing stock, and paying dividends.
what is shown in Cash flow You must see cash in the transaction for it to affect the statement of cash flows
debit left side
credit right side
Stockholders' equity— Stockholders' equity—the financing provided by the owners and by business operations.
Liabilities— Liabilities—probable debts or obligations acquired by the entity as a result of past transactions, to be paid with assets or services.
Assets— Assets—probable future economic benefits owned by the entity as a result of past transactions.
accounting equation: Assets = Liabilities + Stockholders' Equity
statement of cash flows statement of cash flows reports the sources and uses of cash for the period by the type of activity that generated the cash flow:operating, investing, and financing
Revenues REVENUES are increases in assets or settlements of liabilities from ongoing operations. are defined as increases in assets or settlements of liabilities from ongoing operations of the business.
expenditure expenditure is any outflow of cash for any purpose,
Expenses are decreases in assets or increases in liabilities from ongoing operations incurred to generate revenues during the period.
Operating Income Subtracting operating expenses from operating revenues gives Operating Income
Earnings per share Net Income ÷ Average Number of Shares of Stock Outstanding)
Created by: jennyfer55