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Agribusiness

Measuring Success

christycooper
Created Date 10.16.19
Last Updated 10.17.19
Viewed 4 Times
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Topics of this game:
  • An expense that has been incurred but not yet paid.
  • Income that has been earned but for which no cash payment has yet been received.
  • A list of the assets and the liabilities of a business
  • An annual accounting period that does not correspond to the calendar year.
  • revenue; the total income received from a business before any expenses are paid
  • An accounting of income and expenses that indicate a business' net profit or loss over a period of time
  • cash or any asset that can be quickly converted to cash
  • the ability of a business to meet its cash financial obligations immediately
  • the income left after expenses are deducted from gross income
  • the result that occurs when expenses exceed the income
  • the difference between the assets and liabilities; the owner's equity in the business
  • the amount of money used to run a business
  • the net ownership in a business; the difference between the assets and liabilities of a business
  • when a business is profitable; can pay off all debts and liabilities
  • less than one year
  • greater than one year
  • anything owned by the business that has value
  • a business' financial debts or obligations