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WorksheetsGrade 12 Challenge
Total questions: 10
Worksheet time: 8mins
Ability of the firm to earn profit
Liquidity
Probability
Stability
Efficiency
Refers to the proper utilization of the firm's assets relative, its revenue and profit
Efficiency
Probability
Stability
Liquidity
It represents the quantitative summary of a firm's operations and activities
Financial Management
BalanceSheet
Financial Statements
Income Statement
Provides information on the company's assets
Balance Sheet
Cashflow Statement
Ratio Analysis
Income Statement
A kind of costs that remain constant regardless of the number of items produced
Variable Costs
Fixed Costs
Huge business owners, maintaining adequate cashflow level is a problem
True
False
What do you call the amount invested by the owner?
Assets
Liabilities
Owner's Equity
Income Statement measures all the revenue sources and expenses for a given period.
True
False
The best way to interpret the company's financial staements is through _____ ________.
(a)
If your'e going to open a small business, what it would be and why?
