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FOREX Magazine

IBP Finance I

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1. NIONOSTCIAOLD<br />

2. ICNANILFA SNTMATETES<br />

3. EAALNBC ESESTH<br />

4. OEMCIN SMETETNSAT<br />

5. SHAC WLSFO<br />

6. RADIENTE SGEIRANN<br />

7. AESTSS<br />

1. Are the combined financial statements of a parent company.<br />

2. Are written records that convey the financial activities and conditions of<br />

a business or entity and consist of four majors.<br />

3. States the assets, liabilities, and owners' equity at a particular point in<br />

time.<br />

4. Is a financial statement that reports a company's financial performance<br />

over a specific accounting period?<br />

5. Is the net amount of cash and cash-equivalents being transferred into<br />

and out of a business?<br />

6. Is also known as a statement of owner's equity, an equity statement, or<br />

a statement of shareholders' equity.<br />

7. The balance sheet equation can be expressed as ______= Liabilities +<br />

Stockholders' Equity.<br />

ANSWERS:<br />

1.Consolidation 2.Financial Statements 3.Balance Sheet 4.Income Statement 5.Cash Flow 6.Retained Earnings 7. Assets<br />

34

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