Money that is spent to purchase goods or services to be used by a company
Oops!
Check
Okay!
Check
15
What is the revenue?
the money that a government receives from taxes or that an organization, etc. receives from its business
Oops!
Check
Okay!
Check
15
What is the interest?
The extra money that you pay back when you borrow money or that you receive when you invest money
Oops!
Check
Okay!
Check
15
What is a debt?
A sum of money that somebody owes
Oops!
Check
Okay!
Check
15
What is the Net Worth?
Net worth is the value of the assets a person or corporation owns, minus the liabilities they owe. It is an important metric to gauge a company's health.
Oops!
Check
Okay!
Check
15
What is the liability?
The state of being legally responsible for something
Oops!
Check
Okay!
Check
15
Can you describe what is a balance sheet?
A detailed summary of a companyâs financial condition at a specific point in time, taking into account their assets, liabilities and equity
Oops!
Check
Okay!
Check
baam
Lose 20 points!
Oops!
star
Double points!
Okay!
shark
Other team loses 20 points!
Okay!
thief
Give points!
5
10
15
20
25
15
What is one asset?
Something that is legally owned by a person or company
Oops!
Check
Okay!
Check
baam
Lose 10 points!
Oops!
rocket
Go to first place!
Okay!
fairy
Take points!
5
10
15
20
25
banana
Go to last place!
Oops!
thief
Give points!
5
10
15
20
25
star
Double points!
Okay!
gift
Win 20 points!
Okay!
banana
Go to last place!
Oops!
15
What is the Net Income (NI)?
The Net income (NI) is calculated as revenues minus expenses, interest, and taxes.