Match Each Description to the Appropriate Term (A-H)

question 175

Multiple Choice

Match each description to the appropriate term (a-h) .
-A formal, written instrument of credit that represents amounts due from customers

• A)Face amount
• B)Term
• C)Interest
• D)Maturity value
• E)Dishonored note
• F)Maker
• G)Notes receivable
• H)Interest rate

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Definitions:

Common Stock

Represents equity ownership in a corporation, providing voting rights and entitling the holder to a share of the company's success through dividends and/or capital appreciation.

Fixed Asset Turnover

A financial ratio that measures a company's effectiveness in generating sales from its fixed assets.

Net Income

The amount of a company’s profit after all expenses, taxes, and costs have been subtracted from total revenue.

Profit Margin

Profit margin is a financial metric that calculates the percentage of revenue that exceeds the costs of production, indicating how much profit a company makes for each dollar of sales.