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MBA 503 Financial Statement Analysis

Across
inventory that records the sale or purchase of inventory immediately through the use of computerized point-of-sale systems
inventory at the beginning of a period, adds new inventory purchases during the period and deducts ending inventory to derive the cost of goods sold (COGS)
The revenue a business earns from selling its goods and services
calculated by dividing the difference between an asset's cost and its expected salvage value by the number of years it is expected to be used.
inventory that records the most recently produced items as sold first
the income that a business has from its normal business activities
when total expenses exceed total revenues
include cash, cash equivalents, accounts receivable, stock inventory, marketable securities, pre-paid liabilities, and other liquid assets.
inventory that records the sale or purchase of inventory immediately through the use of computerized point-of-sale systems
resources owned by a company and which have future economic value that can be measured and can be expressed in dollars.
the net amount of cash and cash-equivalents being transferred into and out of a business
calculated by dividing liquid current assets by total current liabilities
Cash and other resources that are expected to turn to cash or to be used up within one year of the balance sheet date.
the amount of money that would be returned to shareholders if all of the assets were liquidated and the company's debt was paid off.
obligations of the company
money spent, or costs incurred, by a business in their effort to generate revenues
Down
the last items produced or purchased are assumed to be sold first
the oldest inventory items are recorded as sold first
company's short-term financial obligations that are due within one year or within a normal operating cycle
when total expenses exceed total revenues
Currentassets/ current liabilities
a financial statement that reports a company's assets, liabilities and shareholders' equity at a specific point in time
the goods first added to inventory are assumed to be the first goods removed from inventory for sale.
are obligations of the company
also known as the acid-test ratio; measures the ability of a company to use its near cash or quick assets
the positive amount remaining when an asset is sold or exchanged minus the net cost
Financial statement that lists the assets, liabilities, and owner's equity at a particular point in time
remaining value of an owner's interest in a company, after all liabilities have been deducted
the net amount of cash that an entity receives and disburses during a period of time
a resource that an individual, corporation, or country owns or controls.
income that a business has from its normal business activities
when total revenues exceed total expenses