Match the Term with Its Definition

question 7

Essay

Match the term with its definition.
a.Cash budget
b.Current ratio
c.Line of credit
d.Net working capital
e.Pro forma financial statements
f.Percentage-of-sales technique
g.Spontaneous debt financing
-Statements that project a business's financial performance and condition, including projected profits, assets and financing requirements and cash flows.

---

Definitions:

Pakistani Rupees

The official currency of Pakistan, used as a medium of financial transaction within the country.

Real Exchange Rate

The rate at which the currency of one country can be exchanged for the currency of another country, adjusted for inflation.

Nominal Exchange Rate

The price at which one currency can be exchanged for another currency, without adjustment for inflation.

Pesos

Pesos are the unit of currency in several countries, including Mexico and the Philippines.