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Financial Statements

Make sure to leave a blank space for more than a one word answer.
Horizontales
Income earned from operations of a business
Shows the financial position of a company
Shows amounts earned and expenses incurred for a period of time
Assets = Liabilities + Equity
Amounts owed
Payments to vendors or suppliers
The most liquid current asset
Things of value a company owns
Verticales
Costs incurred to earn revenues in a business
Portion of business profits not distributed as dividends
Cash and other assets expected to be converted to cash within the next 12 months
Net income/Total assets
Value remaining after subtracting a company's liabilities from its assets
Current Assets/Current Liabilities
When Revenue - Expenses is positive