Chapter 5

3. Payable The amount due on notes
6. amounts a business pays to operate the business and earn the revenue
7. report is a yearly record summarizing the financial condition of a corporation that must be distributed to shareholders
10. Receivable Dollars owed to the corporation by customers from the sale of goods or services
11. investing in different companies representing different industries
14. Companies sales between $500 million and $5 billion
16. Securities includes treasury bills or notes and other securities with ready markets
18. items company owns

1. Statement reports financial information over a specific period of time
2. Companies sales over $5 billion
4. Companies sales under $500 million
5. Includes raw materials inventories and finished product inventories
8. debts a business owes to others
9. Line net income after taxes
11. Cost Averaging investing roughly equal amounts of money at regular intervals
12. equity difference between assets and liabilities
13. Sheet shoes what company owes and what it owes plus the shareholders equity
15. earnings of a business from business activities
17. Payable Bills the company must pay
19. Line net sales or revenues