money race

3. measures how much profit a company makes compared to the investment made by shareholders
6. the cost of the products purchased or services rendered to the buyer
8. a summary of the financial balances of an individual or organization
11. tracks the money coming in and going out of a business.
13. a chart of accounts is a list of financial accounts used to track transactions in a company.
15. Collateral a valuable thing you give to a lender to make sure you pay back a loan.
16. Accounts receivable is the money that a company is owed by its customers.
17. is a flexible loan that you can use whenever you need it.

1. is a way to measure how much profit you get compared to what you invested.
2. fixed assets are long term tangible assets that businesses use like buildings and machinery.
4. calculations to assess a company's financial health and performance.
5. when a business sells its accounts receivable to a third party at a discount.
7. liquid assets are easily converted to cash like cash itself or stock and bonds.
9. cash is physical money like coins and bills or funds in a bank account that are accessed.
10. funds paid into a business by investors in exchange for common stock or preferred stock.
12. an income statement is a financial statement that shows a company's revenues, expenses and net income
14. money raised by companies through borrowing via bonds or loans from investors