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Use often by business management to analyze the financial position of the business
Ratio analysis

Compares two numbers or quantities by using division
Ratio

The first term of the ratio is called
Antecedent

The second term of the ratio is
Consequent

Turning your assets into cash
Liquidity of assets

Dividing the amount of the current assets by the amount of the current liabilities
Current ratio

What are in cash pr assets that can be converted into cash
Current assets

Are the debt due within one year.
Current liabilities

The relationship between the most liquid current assets( cash and accounts receivable) and the current liabilities

Changing the dollar amounts on the income statement to percent of sales
Percent analysis

What does percent mean
Hundredth

Is another way to express a ratio
Percent

The amount of sales in the income statement is called
Consequent

The other amount in the income statement is
Antecedent

Two equivalent ratio joined by an equal sign
Proportional

A measure of the number of days needed to collect accounts receivable
Average collection turnover

Is devided the total annual sales by 365
Average daily

what do you call when you flip the frction upsidown
reciprocal

a measure of how many times the value of inventory is sold in one year
inventory turnover

this point at which you stop losing money
breakeven point

what are the two types of cost in a evenbreak point
fixed cost and variable costs

total fixed costs/sellingvarible cost/unit what formula is this
breakeven point

the suggested retail price
list price

as a retailer you will probably recieve a
trade disccount

the price paid after the trade discount has been subtracted
net price

percentage of the list price
trade discount

a part of the number given one hundredth parts
percentage of a number

to buy merchandise from a supplier and pay at a later specified date
trade credit

itemized shipping bill listing goods, prices, shipping, charges, and any ohter charges that apply
invoice

sometimes an invoice statement is denoted as
E.O.M.

the measure if the cintent ir capacity of a solid figure
volume

what is the formula to find the volume in a cude
v=e3

what is the formula for the volume of a rectagle
v=lwh

the number of smaller units in one larger unit
conversion factor

what term mean that it has the sam esize or shape
congruent

the sides of a cube are called
edges

what is the formula to find out what the volume o a cylender is
v=3.14r2h

what is the formula to find the voume of a cone
v=1/3.14r2h

the quantity of goods in sale area of the store plus those in the stockrom
inventory

what measure line segments
linear mesures

the measuring of the passing of year
time

the measure of how heavy something is
weight

what system was developed in france around 1790
metric system

what is the official name of the metric system
systeme international d' unit

the basic unit of lenth is
meter

the basic unit of capasity
liter

the basic unit of mass
gram









1 Liter= _ 1.06 Quarts
1.06








