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10 Cards in this Set
- Front
- Back
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Fundamental Analyst
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Makes His Investment Decisions Based On The Fundamentals of the Corporation.
Examines: Balance Sheet, Income Sheet, Statements of Changes to Retained Earnings |
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Balance Sheet Formula-
Net Worth |
Assets - Liability
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Net Working Capital Formula
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Current Assets - Current Liabilities
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Current Ratio Formula
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Measures a Companies Liquidity
Current Assets / Current Liabilities =Current Ratio |
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Acid Test Ratio
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Company's QUICK Ratio, Assets That Are Quickly Convertible To Cash
Total Current Assets - Inventory / Current Liabilities=Acid Test Ratio |
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Cash and Marketable Securities
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These are highly liquid-marketable securities can be turned into cash in 3 business days or less
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Accounts Payable
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Amounts owed to trade creditors of the company
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Wages Payable
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Monies owed to employees at the date of the balance sheet. These are wages that have accrued between payroll check dates
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Taxes Payable
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Tax amounts owed to federal, state, and city governments which HAVE NOT BEEN PAID.
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Interest Payable
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Accrued amounts payable to note and bondholders between interest payment dates
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