What is an invoice ? - An invoice is a document that outlines the details of goods or services provided, including the amount to be paid by the buyer., What is a Balance Sheet ? - A balance sheet is like a financial snapshot that shows a company's assets, liabilities, and equity at a specific point in time., What is Equity Capital ? - Equity capital is the money invested in a business by its owners or shareholders., What is Cash ? - Cash is physical currency or its equivalent used to conduct transactions., What is a Chart of Accounts ? - A chart of accounts is a list of all accounts used by a company to record financial transactions., What is Return on Equity (ROE) ? - ROE measures a company's ability to generate profits from its shareholders' equity., What is Return on Investment (ROI) ? - ROI is a measure of the profitability of an investment, expressed as a percentage., What is a Cash Flow Analysis Statement ? - A cash flow analysis statement shows how changes in balance sheet accounts and income affect cash and cash equivalents., What is Factoring ? - Factoring is when a company sells its accounts receivable to a third party for immediate cash., What is Collateral ? - Collateral is an asset pledged by a borrower to secure a loan., What is a Line of Credit ? - A line of credit is an amount of money a bank is willing to lend to a business., What are Financial Ratios ? - Financial ratios are tools to evaluate a company's performance, like comparing expenses to revenues., What is an Income Statement ? - An income statement shows a company's revenues, costs, and profits over a specific period., What is a Debt Capital ? - Debt capital is money borrowed by a business, usually in the form of loans or bonds., What are Accounts Receivable ? - Accounts receivable is money owed to a company for goods or services provided on credit., What are Fixed Assets ?  - Fixed assets are long-term, tangible assets like buildings or equipment owned by a company., What are Liguid Assets ? - Liquid assets are cash or assets that can be quickly converted to cash., What are Illiquid Assets? - Illiquid assets are assets that are not easily converted to cash, such as real estate or certain investments.,

Financial Vocabulary Quiz

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