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Match the term with its definition. A long-term loan to purchase a building or land retained earnings Financing provided by creditors dividends Cumulative net profits
Match the term with its definition. A long-term loan to purchase a building or land retained earnings Financing provided by creditors dividends Cumulative net profits retained in a company over the life of the business interest expense A financial report showing a firm's assets, liabilities, and owners' equity at a specific point in time income statement (profit and loss statement) A measure of what percentage of a firm's assets is financed by debt, determined by dividing total debt by total assets debt Costs related to marketing and selling a firm's product or service, general and administrative expenses, and depreciation owners' equity The cost of borrowed money operating expenses Owners' cash investments in a company plus the net profits that have been retained in the firm total asset turnover A distribution of a firm's profits to the owners debt ratio A financial report showing the amount of profits or losses from a firm's operations over a given time period mortgage balance sheet
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