Unit 2

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Author:
Godsgirls
ID:
171711
Filename:
Unit 2
Updated:
2012-10-18 13:57:46
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Business Math
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Description:
Managing Your Business
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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
    trade disccount
  25. the price paid after the trade discount has been subtracted
    net price
  26. percentage of the list price
    trade discount
  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
    trade credit
  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

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