Please help: options for matching answers are trend analysis, vertical analysis, retained analysis prepaid expense, net sales, net purchase, net income merchandise inventory, long term liabilities, income statement, horizontal analysis, gross profit, current ratio, current liabilities, current assets, cost of merchandise sold, comparative statements, common size statements, balance sheet, assets, asset turnover, acid test, accounts receivable, accounts payable.
Please help: options for matching answers are trend analysis, vertical analysis, retained analysis prepaid expense, net sales, net purchase, net income merchandise inventory, long term liabilities, income statement, horizontal analysis, gross profit, current ratio, current liabilities, current assets, cost of merchandise sold, comparative statements, common size statements, balance sheet, assets, asset turnover, acid test, accounts receivable, accounts payable.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Please help: options for matching answers are trend analysis, vertical analysis, retained analysis prepaid expense, net sales, net purchase, net income merchandise inventory, long term liabilities, income statement, horizontal analysis, gross profit, current ratio, current liabilities, current assets, cost of merchandise sold, comparative statements, common size statements,
Transcribed Image Text:48:54
Match the following terms with their definitions.
1. A liability
2. Inventory and prepaid expenses are subtracted
3. What customers owe
4. Cash, supplies
5. Net sales - total assets
6. Prepared as of a particular date
7. Dollars not shown
8. Data placed side by side
9. Beginning inventory plus new purchases - ending inventory
10. Includes no plant and equipment assets
11. Obligations due within one year
12. Current assets = current liabilities
13. Sales - cost of goods sold
14. Total this period is compared by amount of percent to same total last period
15. Revenues and expense for a specific period of time
16. What we owe creditors
17. Obligations that are not due for at least one year
18. Cost of goods for resale
19. Profit
20. True cost of purchases
21. Actual sale after returns on discounts
22. Paid in advance
23. Part of stockholders' equity
24. Uses a base year
25. Each liability and equity is analyzed as a percent of the total
25
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