Mark Piper's Accounting Made Simple
Sample (from 57 notes)
|Front||What is an asset's net book value equal to?|
|Back||An assets net book value is equal to its original cost, less the amount of accumulated depreciation that has been recorded against the asset.|
|Front||What are financial leverage ratios?|
|Back||Financial leverage ratios express to what extent a company is using debt (instead of shareholder investment) to finance its operations.|
|Front||What does cash flow from investing activities include?|
|Back||Cash flow from investing activities includes cash transactions relating to a company's investments in financial securities and cash transactions relating to long-term assets such as property, plant, and equipment.|
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