previous flop Flashcards
inventory
all the items, goods, merchandise and materials held by a business for selling in the market to earn a profit
intangible assets
non-physical resources that a business owns and that can be valuable also those difficult to measure
accounts payable
the amount a company owes to its creditors and suppliers
equity
total assets - total liabilities, money returned to investors afyer debts are paid off
book value
the net value of a firm’s assets found on its balance sheet
profit loss statement
financial report showing revenue, expenses and net profit
net sales
the amount made after subtracting discounts, returns and deductions
operating income
money made form operations after deducting operating expense
balance sheet
financial statement summarizing assets, liabilities and equity
total assets
the sum of all resources owned by a company (cash, accounts receivable, property, equipment), owners equity liabilities
liability calculation
assets - equity
public corporation
a company that operates independent from govt but adjacent to govt operations
residual claim
right of a shareholder to receive company’s remaining assets after claims to creditors are paid off
operating profit figure
amount of profit generated from core operations after operating expenses subtracted
gross profit
amount of money earned after subtracting cost of production and selling products/services
EBT
earnings before tax, a measure of financial performance
operating margin
measuring profit made off a dollar of sales after paying costs but before paying tax/interest
ROA
return on assets, net income/total assets
earnings per share
financial metric showing profit made for each share of common stock
quoting
a writen document that details the price and terms for a product or service that a seller is willing to provide to a buyer
debt equity ratio
total liabilities/shareholder equity
quick ratio
(cash+marketable securities+accounts receivable)/ current liabilities
equity funding
way to raise money by selling shares to investors in exchange for cash
ROE
return on equity, net income/average shareholders equity
