The company’s a______ were easy to calculate, but it was difficult to quantify the value of the employees’ expertise.
assets
15
L__________ are recorded on the right side of the balance sheet, while assets are listed on the left.
Liabilities
15
Our company has experienced a decrease in r_________ due to the financial crisis.
revenue (=sales)
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
15
Her g__________ income exceeded his, but they still couldn’t afford to get the house they’d been dreaming about for such a long time.
gross
15
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
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
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
15
______ _______ bookkeeping gives you a better perspective than single entry bookkeeping because it helps you make sure each transaction is accurately recorded.
Double entry
15
We studied the b__________ s______ carefully to see if the assets exceeded the liabilities and shareholders’ equity.
balance sheet
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
15
The business had lowered its o_____ costs by cancelling their rental lease and working entirely remotely.
overhead
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.
shares
15
We currently have a large accounts p_____ list to our suppliers.
payable ( = liability in the balance sheet)
15
As their r________ on investment hit the lowest point in the last 5 years, they decided to stop investing in our company.
return
15
P___& L____ statement shows the revenue, expenses and net income or loss over a period of time.
