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33 Cards in this Set
- Front
- Back
- 3rd side (hint)
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Accumulated Depreciation
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sum of all depreciation since organizations inception
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companies loss
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Activity ratios
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measures of efficiency are we getting "the bang for the buck"
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how good
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Balance sheet
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$$$$ in and out at a particular point in time (date)
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keeping records
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Capital Structure Ratios
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Measures of leverage + equity
(amount borrowed vs. amount invested by owners. |
money to investment
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Current Assets
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Assets on hand that can be liquidated
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available
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Current Liabilities
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What is currently owed to suppliers/creditors ( usually short term debts only)
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must pay
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Depreciation
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Value gone down due to wear and tear or decline in value of asset.
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decline
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Depreciation Expense
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non-cash "expense" due to depreciation
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other than cash
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Excess of revenues over expenses
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revenue minus operating expenses
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r - 0p
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Expenses
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money going out
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Fund balance
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assets - liabilities
("non-profit" version of profit) |
non profit version
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gross revenue
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total of all revenues that "should" be coming in
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total that should
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Income statement
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Shows money in and out for entire year
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in and out
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Interest
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fees charged for having debt by the creditor
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a rate
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Interest expense
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money paid to interest
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finance charge
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Inventory
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Products that are not yet sold
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what do you have?
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Liquidity ratios
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Measures of liquidity (how rapidly a non-cash asset can turn into cash
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item into cash
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Long-term debt
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debts not due in 1 year
x>1 |
loan
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Marketable securities
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stocks that can be liquidated. (IRA, turn liquidated items into cash $$)
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feel safe with stocks
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Net accounts receivable
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total accounts - estimated amount (cannot collect from accounts)
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everything - assumption
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Net fixed asset(s)
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gross fixed assets - accumulated depreciation
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something saved compared to a loss
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Net income
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income before taxes - taxes amount paid in income tax
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before and after tax calculation
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Net revenue
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gross revenue (expectations) - 'uncollectable' amount
charity care, discounts,, |
touch - untouch
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Operating expenses
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security.. electricity.. payments for services
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services
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price-level depreciation
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$ in 1994 isnt the same as it is now.
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money value over the years
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principal payment
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money paid to reduce the amount of debt (Not interest)
principal: msrp of the house |
to reduce debt
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Profitability ratios
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measures of profitability, income over expenses
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company earning report
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Revenues
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$$ coming in from sale or service
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$$$
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Stockholder's equity
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Capital stock + retained, amount earned - amount paid to stockholders. earnings (amount of ownership held by stockholders)
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stockholders gimme gimme gimme
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Total assets
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land, property and equipment
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things in value besides money
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Total income
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The sum of all money in
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how much you make?
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Total revenue
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money you make
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the fruits of labor
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Capitation
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System of payment for each customer
(count by each heads served, not by heads successfully served) |
fee-for- service system
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