PUHSD ACC 3 Chap 17 green book Vocab

Front

Net income after federal tax as % of net sales

Back

profit margin

Front

Standard for evaluating financial performance

Back

benchmark

Front

Net income after federal tax divided by outstanding shares

Back

earnings per share

Front

Current assets - Current liabilities

Back

Working capital

Front

Analysis of changes over time

Back

trend analysis

Front

A ratio measuring a business's ability to meet current financial obligations.

Back

Liquidity ratio

Front

Cash and current assets quickly convertible to cash

Back

quick assets

Front

A ratio measuring a business's income generation ability.

Back

profitability ratio

Front

A ratio measuring a business's ability to pay long-term liabilities

Back

solvency ratio

Front

Comparison of a financial statement item with the same item from a previous period.

Back

horizontal analysis