Basic ecomonic terminology. Искренко Э.В - 48 стр.

                                   Â
      a) A financial statement that summarizes a firm’s revenues and
expenses and shows the flows that occurred during a specified
accounting period.
      b) The amount that the firm has plowed back from profits
over the years but has not paid out in dividends.
      c) Costs that are related to the firm’s marketing activities.
      d) The sequence of accepted procedures that accountants
must follow over a specific period of time.
      e) A financial ratio that is calculated by dividing net income
after taxes by the number of shares of common stock outstanding.
      f) The statement that shows the movement of money into
and out of an organization.
      g) A financial ratio that is calculated by subtracting inventories
from current assets and dividing the total by current liabilities.
      h) The difference between a firm’s assets and its liabilities;
what would be left over for the firm’s owners if its assets were used
to pay off its liabilities.
      i) The process of systematically collecting, analyzing, and
reporting financial information.
      j) The value of the product sold by a firm less the value of the
goods purchased and used by the firm to produce the product; is
equal to the revenue used for wages, rent, interest and profits.
      k) The book in which all the accounts of a business using
double-entry bookkeeping are contained.
      l) The basis for the accounting process: Assets = liabilities +
owners’ equity.
Çàäàíèå ¹ 3. Ïðî÷èòàéòå îïðåäåëåíèÿ è óêàæèòå òåðìèíû,
ñîîòâåòñòâóþùèå èì.
      1. A measure of liquidity that is obtained by dividing immediately
cashable current assets by current liabilities.
      2. A financial statement that summarizes revenues, expenses,
and net profit or loss.
      3. A measure of financial condition that is obtained by dividing
one value on a financial statement by another value.
      4. A measure of liquidity that is obtained by dividing current
assets by current liabilities.



                                 – 48 –