Match the Terms with the Definitions

question 5

Multiple Choice

Match the terms with the definitions.
-This statement shows a step-by-step calculation of net sales, cost of goods sold, gross profit, operating expenses, income from operations, other revenues and expenses, and net income.

• A)selling expenses
• B)quick assets
• C)average days to sell inventory
• D)book value
• E)property, plant, and equipment
• F)operating cycle
• G)quick ratio
• H)general expenses
• I)gross profit
• J)net sales
• K)multiple-step income statement
• L)inventory turnover
• M)liquidity

Understand and apply the journalistic approach to include all required information.

Recognize the benefits of free writing in the message development process.

Determine precise audience information needs at different planning stages.

Assess the ethical considerations in business communication.

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Definitions:

Coupon

In finance, a coupon refers to the annual interest payment made to bondholders, expressed as a percentage of the bond’s face value.

Callable

A bond or other financial security feature that allows the issuer to buy back the security before its maturity date.

Value Weighted Average

A method of calculating an average where each data point is weighted according to its value, commonly used in financial indexes to represent market trends.

Duration

An indication of how sensitive the price of a bond or similar debt security is to shifts in interest rates, often measured in years.