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L1 26 Understanding Balance Sheets

This class was created by Brainscape user Steven Popovic. Visit their profile to learn more about the creator.

By: Steven Popovic
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Decks in this class (9)

A describe the elements of the balance sheet: assets, liabilities, and equity;
Describe the elements of the balance sheet: Assets, Liabilities, Equity.
4  cards
B describe uses and limitations of the balance sheet in financial analysis;
Describe uses and limitatios of the Balance Sheet in Financial Analysis.
2  cards
E. Describe different types of assets and liabilities and the measurement bases of each
Understanding Balance Sheets
32  cards
F describe the components of shareholders’ equity;
Describe the Components of Shareholders Equity
13  cards
G. Analyze balance sheets and statements of changes in equity
Understanding Balance Sheets
2  cards
D. Distinguish between current and non-current assets, and current and non-current liabilitites
Current assets,
Current liabilities,
Noncurrent assets
5  cards
H. Convert balance sheets to common size balance sheets and interpret common size balance sheets
What does a common size balance s...,
Standardize the bs means,
Standardizing allows
5  cards
I. Calculate and Interpret Liquidity and Solvency Ratios
Understanding Balance Sheets
10  cards
c describe alternative formats of balance sheet presentation;
Describe alternative formats of Balance Sheet Presentation
3  cards

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L1 26 Understanding Balance Sheets

  • Class purpose General learning

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