flashcasts about account

Define 'earnings per share (EPS)' and its calculation.

Define 'budgetary control' and its purpose.

Define 'accumulated depreciation' and its impact on asset valuation.

Define 'break-even point'.

Define 'financial leverage' and its impact on return.

Define 'capital budgeting' and its significance.

Define 'current assets' on a balance sheet.

Define 'intangible assets' and give examples.

Define 'capital budgeting'.

Define 'intangible assets'.

Define 'accounting cycle'.

Define 'internal rate of return (IRR)' and its use.

Define 'consolidated financial statements'.

Define 'current ratio'.

Define 'financial leverage'.

Define 'gross margin'.

Define 'goodwill' in accounting.

Define 'going concern' and its importance in financial reporting.

Define 'accrued expenses'.

Define 'forensic accounting'.

Define 'cash flow from investing activities'.

Define 'contribution margin'.

Define 'comprehensive income'.

Define 'accrual basis accounting'.

Define 'deferred tax liability'.