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Financial Terminology

Horticulture 2 Financial Literacy

SaraMcLamb_Staff-HeritageHS
Created Date 02.26.21
Last Updated 03.01.21
Viewed 0 Times
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Topics of this game:
  • Current asses + non-current assets
  • items that can be quickly converted to cash or that will be sold within 12 months.
  • items that have a useful life of more than 1 year and are used in the business.
  • current + non-current liabilities
  • accounts and notes payable, this year’s part of non-current liabilities
  • Mortgages and other debts not due this year.
  • Total Assets – Total Liabilities
  • Total Liabilities/Net Worth