# Unit 2

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1. Use often by business management to analyze the financial position of the business
Ratio analysis
2. Compares two numbers or quantities by using division
Ratio
3. The first term of the ratio is called
Antecedent
4. The second term of the ratio is
Consequent
5. Turning your assets into cash
Liquidity of assets
6. Dividing the amount of the current assets by the amount of the current liabilities
Current ratio
7. What are in cash pr assets that can be converted into cash
Current assets
8. Are the debt due within one year.
Current liabilities
9. The relationship between the most liquid current assets( cash and accounts receivable) and the current liabilities
10. Changing the dollar amounts on the income statement to percent of sales
Percent analysis
11. What does percent mean
Hundredth
12. Is another way to express a ratio
Percent
13. The amount of sales in the income statement is called
Consequent
14. The other amount in the income statement is
Antecedent
15. Two equivalent ratio joined by an equal sign
Proportional
16. A measure of the number of days needed to collect accounts receivable
Average collection turnover
17. Is devided the total annual sales by 365
Average daily
18. what do you call when you flip the frction upsidown
reciprocal
19. a measure of how many times the value of inventory is sold in one year
inventory turnover
20. this point at which you stop losing money
break-even point
21. what are the two types of cost in a even-break point
fixed cost and variable costs
22. total fixed costs/selling-varible cost/unit what formula is this
break-even point
23. the suggested retail price
list price
24. as a retailer you will probably recieve a
25. the price paid after the trade discount has been subtracted
net price
26. percentage of the list price
27. a part of the number given one hundredth parts
percentage of a number
28. to buy merchandise from a supplier and pay at a later specified date
29. itemized shipping bill listing goods, prices, shipping, charges, and any ohter charges that apply
invoice
30. sometimes an invoice statement is denoted as
E.O.M.
31. the measure if the cintent ir capacity of a solid figure
volume
32. what is the formula to find the volume in a cude
v=e3
33. what is the formula for the volume of a rectagle
v=lwh
34. the number of smaller units in one larger unit
conversion factor
35. what term mean that it has the sam esize or shape
congruent
36. the sides of a cube are called
edges
37. what is the formula to find out what the volume o a cylender is
v=3.14r2h
38. what is the formula to find the voume of a cone
v=1/3.14r2h
39. the quantity of goods in sale area of the store plus those in the stockrom
inventory
40. what measure line segments
linear mesures
41. the measuring of the passing of year
time
42. the measure of how heavy something is
weight
43. what system was developed in france around 1790
metric system
44. what is the official name of the metric system
systeme international d' unit
45. the basic unit of lenth is
meter
46. the basic unit of capasity
liter
47. the basic unit of mass
gram
48. mili
.001
49. cinti
.01
50. deci
.1
51. deca
10
52. hecto
100
53. kilo
1000
54. 1 Mile= _ KiloM
1.61
55. 1 KiloM= _ Mile
.62
56. 1 Liter= _ 1.06 Quarts
1.06
57. 1 Quart= _ liter
.95
58. 1 Oz.= _ Grams
28.35
59. 1 gram= _ Oz
.04
60. 1 Meter= _ Yards
1.09
61. 1 Yard= .91 Meter
.91
62. 1 KiloG _ LB.
2.2
63. 1 LB.= _ Kilo
.45