provide a snapshot of the company's finances at a given time; divided into three sections: assets, liabilities, and owner's equity

(a)  

a plan for financial activity

(a)  

show the company's use of cash over a given period; separated into three main areas: operating, investing, and financing

(a)  

the amount of money it takes to live in a particular area taking into account housing, food, and transportation; usually higher in large metropolitan areas

(a)  

money owed to another

(a)  

any money going out of the business

(a)  

useful for comparing two businesses, generally from the same industry

(a)  

list out separately

(a)  

documents companies use to make decisions, including cash-flow statements, balance sheets, and income statements

(a)  

shows a company's financial status over a period of time, usually a quarter

(a)  

what the company owes to others (debt)

(a)  

how fast you convert your assets (buildings, products, etc.) into cash

(a)  

investments a company plans on holding for longer than a year

(a)  

when there is more cash going out than coming in

(a)  

when revenues are greater than expenses

(a)  

when revenues are less than expenses

(a)  

a budget which encompasses all of the resources needed to run a business

(a)  

share of money the company has in their business

(a)  

when there is more cash coming in than going out

(a)  

the ability to make money after expenses

(a)  

money paid back to employees for expenses they have accumulated during work time; frequently used for employees that travel on business trips

(a)  

money coming into a business; for example, from selling products or providing a service

(a)  

a projection of what it will cost for the first year of operation

(a)  

the study of changes in a quantity over time; looks for patterns in financial ratios for one company over time

(a)