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Definition
Outflow of Assets when attempting to generate revenue (incurred)
Will never decrease |
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Definition
| Probable future economic benefit |
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Definition
| Money owed to the Stock holders of the company |
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Definition
| Amounts Earned by providing goods or services |
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Definition
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Term
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Definition
| Amounts contributed by the owners of a coporation |
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Term
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Definition
| Earning kept within the company |
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Term
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Definition
| an obligation that will not be satisfied within one year. May include bonds, leases, deferred taxes, pensions, and mortagages |
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Term
| Off Balance Sheet Financing |
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Definition
| an obligation that does not appear on the balance sheet |
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Term
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Definition
| The principal amount of the bond as stated on the bond certificate. This is also referred to as the Par Value. |
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Definition
| Bonds that are not backed by specific collateral |
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Definition
| Assets that back the bonds in case the issuer cannot make the interest and principal payments |
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Definition
| Bonds that mature on the same date |
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Definition
| Bonds that mature at various dates |
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Term
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Definition
| Bonds that may be retired prior to maturity at the option of the issuer |
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Term
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Definition
| The Rate of interest on the bond certificate |
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Term
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Definition
| The rate of interest that investors could obtain by investing in other bonds that are similar to the issuing firm's bond |
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Term
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Definition
| The present value of the interest payments and face value |
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Term
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Definition
| The excess of the issue price over the face value of bonds |
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Term
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Definition
| the excess of the face value over the issue price of bonds |
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Term
| Effective interest method of Amortization |
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Definition
| the process of transferring a portion of the premium or discount to the interest expense |
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Term
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Definition
| The face value of a bond plus the amount of unamortized premium or minus the amount of unamortized discount |
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Term
| Gain or Loss on Redemption |
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Definition
| The difference between the carrying value and the redemtion process at the time bonds are redeemed |
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Term
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Definition
| Net income kept in the business (Not dustibuted as dividends) |
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Term
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Definition
| The maximim number of shares of stock a corporation may issue as indicated in the corporate charter |
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Term
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Definition
| an arbitrary amount stated on the face of the stock certificate. It represents the legal capital of the corporation. Stock is record at this amount times the number of shares of stock issued. |
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Term
| Additional Paid in Capital |
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Definition
| The amount received for the issuance of stock in excess of the par value of the stock |
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Term
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Definition
| Issued stock that repurchaed by the issuing firm |
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Term
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Definition
| The number of shares sold or dustributed to stockholders |
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Term
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Definition
| the number of shared issued less the number of shares held as a treasury stock |
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Term
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Definition
- Captial stock that offers a preference to dividends decalre
- gives the stockholder the right to receive unpaid dividends from previous years before current year dividends are distributed to preferred stockholders
- Captial stock that provide voting rights and rights to earnings after dividencds are distributed to preferred stockholders
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Term
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Definition
| The creation of additional shares of stock with a reduction of the par value of the stock. |
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Term
| Statement of Stock holders Equity |
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Definition
| Refelcts the differences between beginning and ending balances for all accounts in the stockholders equity section of the balance sheet. It replaces the Statement of Retained Earnings |
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Term
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Definition
| The anual dividend amount divided by the annual net income |
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Term
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Definition
| The selling price of the stock as indicated y the most recent transactions |
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Term
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Definition
| Financing by borrowing from banks or other creditors |
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Definition
| Financing by issuing stock |
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Term
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Definition
- The key financial statement for the survival of every business
- The finalcial statement that summarizes an entity's cash receipts and cash payments during the period
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Term
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Definition
| The financial statement that reports the "bottom line" for a business |
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Term
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Definition
| An item readiily convertible to known amount of cash and with a maturity to the investor of three months or less |
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Term
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Definition
- Activites involving the acqistion and sale of prducts and services
- Collection of customer accounts. payments to suppliers, and payment of wages are examples of this activity
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Term
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Definition
- Activites concerend with the acquisition and disopstition of long-term assets.
- Purchase or sale of plant and equipment are examples of this activity
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Term
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Definition
- Activities concerned with the raising and repayment of funds in the form of long-term debt and equity. Also includes payment of Dividends
- Issuance and repayment of Capital Stock and bonds are examples of this activity
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Term
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Definition
| For preparing the operating activities section of the statement of cash flows, the apporach in which cahs receipts and cash payments are reported |
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Term
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Definition
| For preparing the operating activites section of the statement of cash flows, the approach in which the net income is reconciled to net cash from from operations |
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Term
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Definition
| Important investing and financing activites that do not affect cash |
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Term
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Definition
| A measure inteded to help bankers and creditors with a company's ability to meet it principal and interest obligations |
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Term
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Definition
| The relationship between a compan's performance according to the income statement and its performance in the stock market. |
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