Shared Flashcard Set

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Test 3 Flash Cards 2
Joel Poor
6
Business
Undergraduate 1
11/29/2010

Additional Business Flashcards

 


 

Cards

Term
Activity Ratio
Definition
financial ratio for measuring a company's ability to pay immediate debts
Term
Current Ratio
Definition
financial ratio for measuring a company's ability to pay current debts out of current assets
Term
Debt
Definition
a company's total liabilities
Term
Leverage
Definition
ability to finance an investment through borrowed funds
Term
Earnings Per Share
Definition
profitability ratio measuring the net profit that the company earns for each share of outstanding stock
Term
Code of COnditional Conduct
Definition
the code of ethics for CPAs as maintained and enforced by the AICPA
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