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Study Group Entrepreneurship

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Matching definitions of Financial Vocabulary

Created Date 06.07.22
Last Updated 06.09.22
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Topics of this game:
  • What do you call a bill that sets out the amount to be paid, what is being paid for, and the terms of payment?
  • What shows what the business owns (assets) and the claims against the business (liabilities and owners’ equity) on a particular date?
  • What are funds paid into a business by investors in exchange for common or preferred stock?
  • What is the capital that a business raises by taking out a loan?
  • What summarizes income and expenses for a fixed period of time?
  • What is a relative magnitude of two selected numerical values taken from an enterprise's financial statements?
  • What do you call a preset borrowing limit that can be used at any time?
  • What refers to an asset that a lender accepts as security for a loan?
  • What allows a business to obtain immediate capital or money based on the future income attributed to a particular amount due on an account receivable or a business invoice?
  • What determines a company's working capital?
  • What is a simple ratio that divides the net profit (or loss) from an investment by its cost?
  • What is a measure of financial performance calculated by dividing net income by shareholders' equity?
  • What is an index of all the financial accounts in the general ledger of a company?
  • What are assets which are purchased for long-term use and are not likely to be converted quickly into cash, such as land, buildings, and equipment?
  • What is an asset that can easily be converted into cash in a short amount of time?
  • What do you call legal tender—currency or coins—that can be used to exchange goods, debt, or services?
  • What is money owed to a company by its debtors?