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depreciation

income statement. we add back to earnings because it is a non cash charge.
accumulated depreciation

balance sheet
capital expenditures

statement of cash flows. we have to deduct capital expenditures from earnings.
taxes

income statement
PPE

balance sheet
Retained Earnings

Balance Sheet
net sales

income statement
cost of goods sold

income statement
gross profit

income statement. net sales-COGS=
operating expenses

income statement
operating income

gross profit-operating expenses. income statement
net income

net income before taxes-provision for income taxes. income statement. accounting profit.
earnings per share.

income statement. net income/shares outstanding
basic shares

income statement. number of stocks outstanding
diluted shares

income statement. assume all convert to stock, more shares.
3 sections of income statement

1. continuing operations 2. nonrecurring items, discontinued operations 3. earnings per share
cash assets

balance sheet
accounts receivable

balance sheet
inventory

balance sheet
prepaid expenses

balance sheet
fixed assets

noncurrent. balance sheet.
net book value

original purchase price of properties (equipment) less accumulated depreciation
liabilities

balance sheet
accounts payable

balance sheet liabilities
stockholders equity

balance sheet. money invested on day 1 for stock
goodwill

balance sheet. when a company buys another business, the excess of the price paid over fair market values when combined.
sections of cash flow

operating, investing, financing
net income

cash flows, from income statement

Author

kelc0104

239017

Card Set

business

Description

huhc

Updated

2013-10-07T19:12:00Z