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Match each of the following terms (1 - 9) with the phrase below (A - J) that most closely describes it. Each answer may be
Match each of the following terms (1 - 9) with the phrase below (A - J) that most closely describes it. Each answer may be used only once. First one completed as an example. | |||||
Answer | # | Item name | |||
H | 1. | Statement of Cash Flows | |||
2. | Financial leverage | ||||
3. | Gross margin | ||||
4. | Horizontal analysis | ||||
5. | Income statement | ||||
6. | Investing activity for PP&E | ||||
7. | Balance sheet | ||||
8. | Operating income | ||||
9. | Vertical analysis | ||||
A. | Determines the amount and % change for each line item of financial statements from one year to the next | ||||
B. | Activities that impact long-term assets | ||||
C. | A report that explains the GAAP rules used to prepare the Financial Statements. | ||||
D. | Using debt to increase returns to stockholders | ||||
E. | Sales less cost of goods sold | ||||
F. | Contains assets, liabilities, and stockholders equity at the end of the period | ||||
G. | Reports the revenues and expenses for the period | ||||
H. | Reports the sources and uses of cash and cash equivalents | ||||
I. | Analysis of financial statements based on a percentage of total assets or net sales | ||||
J. | Indicates the income generated by the ongoing activities of the business |
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