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Created by jack.miers
almost 11 years ago
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Question | Answer |
balance sheet | an accounting statement of the firms assets and liabilities on the last day of an accounting period |
working capital | the amount of funds a firm has available for its day to day operations |
liquidity | measures the extent to which a business is able to pay its short term debts |
depreciation | the loss of value of an asset over a given period of time |
profit | the difference when sales rev is greater than costs |
profit equity | measures the extent to which individual profit source is available |
capital employed | the total funds invested in a business |
payback | the number of years it takes to recover the costs of an investment from its earnings |
average rate of return | calculates the percentage rate of return on each investment |
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