Chapter 5

6. amounts a business pays to operate the business and earn the revenue
7. difference between assets and liabilities
8. net income or net income after taxes
10. invest in different companies of various sizes from a variety of industries to reduce risk
11. investing roughly equal amounts of money at regular intervals
13. net sales or revenues
15. amount due on notes (promissory notes or promises to pay) within the next 12 months
16. Yearly summary of the financial condition of a corporation that must be distributed to shareholders
17. Includes raw materials inventories and finished product inventories
18. Debts that a business owes to others
19. the sales of a business from business activities
20. items of value that company owns, including items such as cash, equipment, and inventory

1. sales under $500 million
2. payable taxes due on corporate income, but not yet paid
3. reports financial information over a specific period of time, indicating the financial progress of a business in earning a net income or net loss
4. Includes treasury bills or notes and other securities with ready markets
5. Dollars owed to the corporation by customers from the sale of goods or services
9. bills the company must pay
12. expenses already incurred, but not yet paid
14. shows what the company owns and what it owes