BAR: FS Analysis: Test 1 Mistakes Flashcards
Balance Sheet
Reports balances of assets, liabilities, and stockholders’ equity as of the reporting date
Income Statement
Reports revenues, expenses, and resulting income or loss generated during the reporting period
Statement of changes in stockholders’ equity
Details the change in owners’ equity during the reporting period
Statement of cash flows
provides information about a company’s sources and uses of cash during a reporting period. It has 3 categories based on the nature of cash flows: operating, investing and financing activities
Operating activities
Cash flows from normal business operations
Investing activities
Cash flows from investing in yourself and others
Financing activities
Cash flows from issuing and repaying debt or equity
Initial Load
used when loading all the data originally extracted and transformed into the target database for the first time. NOT an update function.
Incremental loading
After the initial data is loaded, updates only the data that has been modified, added, or deleted. Newly extracted and transformed data is compared with the existing target database to produce additional and modified records.
Full refresh
This process erases and replaces the entire target database. The function is used if the entity cannot identify which data has been changed since the prior load.
Price-to-earnings ratio
Price per share divided by Earnings per share
Basic Earnings per Share
(Net income - preferred dividends) divided by the weighted average number of common shares
Inventory turnover
(Cost of good sold/average inventory)
Cost of Goods Sold
Beginning Finished Goods inventory plus cost of goods manufactured minus ending finished goods inventory
Gross profit
Sales - COGS
