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Ch 5: Financial Statements Analysis

Terms in this set (42)

Which financial statement is the single best measurement of the financial performance or health of an individual or household?
Cash Flow Statement
Which statement consists of Assets, Liabilities, and Net Worth?
Balance Sheet
The following are types of ___________ on a balance sheet:

1. Current
2. Marketable
3. Household
4. Real Estate
Assets
On the balance sheet, ____________ are assets that are expected to be or can be converted into cash within a year.
Current Assets
Checking and savings accounts, money market funds, and refunds are considered ___________ on a balance sheet.
Current Assets
On the balance sheet, ____________ are assets that are traded publicly.
Marketable Investments
Stocks, bonds, and mutual funds are considered __________ on a balance sheet.
Marketable Investments
On the balance sheet, ____________are used in day to day around the house activities.
Household Assets
Cars, furniture, and electronics are considered ____________on a balance sheet.
Household Assets
On the balance sheet, ____________refers to the value of owned homes.
Real Estate
Which assets are not included on the balance sheet?
Human Related Assets
Which assets have values derieved from human related work efforts or human relationships?
Human Related Assets
Company Pension plans, social security benefits, and gifts are all considered which type of asset?
Human Related Assets
Which type of liabilities are due within one year?
Current Liabilities
Credit card debts, current position of mortgage, car loans, and taxes are considered ___________ on a balance sheet.
Current Liabilities
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