Business Accounts - Notes
This series of notes looks at the balance sheet and profit and loss account, providing definitions and associated theories.
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The Balance Sheet
- What are Current Assets?
- What are Stocks?
- Stock Control Methods
- Stock Turnover Ratio
- What are Debtors?
- Debt Control and Debt Collection Period
- What is Cash?
- Liquidity, Investment and Cash Flow
- What are Current Liabilities?
- Current and Acid Test Ratio
- What are Long Term Liabilities?
- Debentures, Mortgages and Long Term Loans
- What is Working Capital?
- Working Capital Cycle
- What are Net Assets?
- Theories and Further Information about Net Assets
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Profit and Loss Account
- What is Sales Revenue?
- What is Cost of Goods Sold?
- What is Operating Profit?
- What is Interest Payable?
- Profit Margin
- What are Dividends Payable?
- Theories and Further Information about Dividends Payable
- What is Reported Dividend per Share?
- Dividend Cover Ratio
- What is Reported Earnings per Share?
- What is Shareholder's Equity?
- Theories and Further Information about Shareholder's Equity
- Price Elasticity and Pricing Policy
- Break-Even Analysis and Contribution
- Gearing Ratio and Interest Cover Ratio