In order to decide if the company was worth investing in, they wanted to look at the p_________ it had been making over the previous year.
profit
Oops!
Check
Okay!
Check
15
We currently have a large accounts p_____ list to our suppliers.
payable ( = liability in the balance sheet)
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Check
Okay!
Check
15
P___& L____ statement shows the revenue, expenses and net income or loss over a period of time.
Profit & Loss
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Check
Okay!
Check
heart
Other team wins 25 points!
Oops!
gold
Win 50 points!
Okay!
rocket
Go to first place!
Okay!
lifesaver
Give 10 points!
Oops!
trap
No points!
Oops!
shark
Other team loses 25 points!
Okay!
shark
Other team loses 25 points!
Okay!
banana
Go to last place!
Oops!
lifesaver
Give 10 points!
Oops!
fairy
Take points!
5
10
15
20
25
fairy
Take points!
5
10
15
20
25
lifesaver
Give 15 points!
Oops!
15
Our company has experienced a decrease in r_________ due to the financial crisis.
revenue (=sales)
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Check
Okay!
Check
15
We studied the b__________ s______ carefully to see if the assets exceeded the liabilities and shareholders’ equity.
balance sheet
Oops!
Check
Okay!
Check
15
Although their balance sheet didn’t look very promising, the company seemed worth investing in because of an anticipated a_ _ _ _ _ _ _ _ _ _ _ in the value of their product.
appreciation
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Check
Okay!
Check
15
They had a c_____ f_____ problem because only a small percentage of their customers decided to use early settlement discounts, which meant that they had very high financing costs.
cash flow
Oops!
Check
Okay!
Check
15
As their r________ on investment hit the lowest point in the last 5 years, they decided to stop investing in our company.
return
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Check
Okay!
Check
15
L__________ are recorded on the right side of the balance sheet, while assets are listed on the left.
Liabilities
Oops!
Check
Okay!
Check
15
She couldn’t tell me her n___ salary because she didn’t know all the taxes she was paying; moreover, salaries are not transparent in her company.
net
Oops!
Check
Okay!
Check
15
He couldn’t start a business because he didn’t have enough c___________, so he decided to work as a freelancer for the time being.
capital
Oops!
Check
Okay!
Check
15
He decided to invest in s_ _ _ _ _ of a very profitable company instead of considering a savings account, because he was sure he could make money fast and he enjoyed taking risks.