ACC 201 ch 11

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Author:
gabo
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154243
Filename:
ACC 201 ch 11
Updated:
2012-05-16 15:36:49
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Statement Cash Flows
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Glossary
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  1. Asset turnover p. 527
    Sales revenue divided by average total assets; measures the sales revenue generated per dollar of assets.
  2. Cash flow to sales . p. 527
    Net cash flows from operating activities divided by sales revenue; measures the operating cash flow generated per dollar of sales
  3. Cash return on assets p. 526
    Net cash flows from operating activities divided by average total assets; measures the operating cash flow generated per dollar of assets.
  4. Direct method p. 512
    Adjusts the items on the income statement to directly show the cash inflows and outflows from operations, such as cash received from customers and cash paid for inventory, salaries, rent, interest, and taxes.
  5. Financing activities p. 509
    Includes cash transactions resulting from the external financing of a business.
  6. Indirect method p. 512
    Indirect method Begins with net income and then lists adjustments to net income in order to arrive at operating cash flows. p. 512
  7. Investing activities p. 508
    Includes cash transactions involving the purchase and sale of long-term assets and current investments.
  8. Noncash activities p. 511
    Noncash activities Significant investing and financing activities that do not affect cash. p. 511
  9. Operating activities p. 508
    Includes cash receipts and cash payments for transactions relating to revenue and expense activities.
  10. Statement of cash flows p. 508
    A summary of cash inflows and cash outflows during the reporting period sorted by operating, investing, and financing activities.

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