Terminology Matching Long-Term Investments Examples: Current ratio, working capital ratio Ratio Analysis Expresses the relationship among selected items of financial statements Depreciation Examples: Stock and bonds that are held more than 1 year. land buildings, long-term naten Intangible Assets Allocation of the cost of an asset to a number of years Current Liabilities obligations to pay within the next year of the operating cycle Long-Term Liabilities Measures the ability of the organization to survive over a long period of time Liquidity Ratio Solvency Ratios Examples: Goodwill character, patentu, copyrighto. trademarks accumulated amortization FCC licenses Examples: Bonda payable, mortgages payable, long-term notes payable, lease liabilities, pension abilities ovdoes U.S. financial markets and accounting standard sening bodies SEC IFRS Set accounting standards that have been adopted by many counts