Business Finance Vocabulary Test

Front

What is an example of a personal asset?

Back

jewelry

Front

Money owed by a person or company

Back

liability

Front

Amount of money that would be returned to shareholders

Back

Owner's Equity

Front

Who are shareholders of a company?

Back

Owners

Front

What are units of stock called?

Back

Shares

Front

What do 'Accounts Payable' refer to?

Back

Short-term obligations owed to creditors

Front

What does 'Accounts Receivable' represent?

Back

Money due from customers

Front

Cost incurred by businesses to pay their hourly employees

Back

Wage Expense

Front

What does 'Capital' refer to?

Back

Cash put to work for investment purposes

Front

What is the Debt to Equity Ratio used to evaluate?

Back

Company's financial leverage