Investments

3. assets are the sum of the current assets
5. cost averaging investing roughly equal amounts of money at regular intervals
6. are the earnings of a business from business activities
9. Securities includes Treasury bills or notes and other securities with ready markets
12. Payable bills the company must pay. These include materials, supplies, and services the company has contracted for and usually pays for within 30 days
13. Includes raw material inventories and finished product inventories
14. Income It is net income or net income after taxes
15. investing in different companies representing different industries, you reduce the risk of your overall portfolio
17. Taxes payable taxes due on corporate income, but not yet paid
18. are the amounts a business pays to operate the business and earn the revenue

1. Assets are longer term assets such as land, buildings, and equipment
2. sheet shows what the company owns and what it owes plus the shareholder's equity at a particular time
3. line represents totals sales during the accounting time period minus products returned and allowances
4. are debts that a business owes to others
7. Equity is the difference between assets and liabilities
8. Report is a yearly record summarizing the financial condition of a corporation
10. are the items of the value the company owns
11. profit the company's profit after the cost of goods sold is subtracted from company revenues
13. Statement reports financial information over a specific period of time, indicating the financial progress of a business in earning a net income or a net loss
16. Receivable dollars owed to the corporation by customers from the sale of goods and services