Net Worth "Terms"

2. An item that a business owns and uses in the business.
3. A form that shows the financial position of a business at a given point in time and communicates the ability of a business to pay all of its debts.
5. The process used to calculate ratios from data that is found on financial statements.
7. The ease by which an asset can be converted to cash.
8. A financial measure that demonstrates a business's ability to pay its short-term debts and obligations.
9. An investment strategy that involves borrowing funds to purchase assets.
10. The owner's share of the business assets after all the liabilities are paid.
11. A financial measure that captures the percentage of assets that a business finances.
13. A financial measure that compares a business's total liabilities to its owner's equity and reflects the business's overall financial leverage.

1. An estimate of the value of liquid assets that a business has available to cover its day-to-day operations.
4. The money that is owed for a product or a service.
6. A financial measure of the total value of a business that belongs to the owner.
12. A business's ability to pay its long-term debts and other financial obligations.