Match the Term with Its Definition

question 55

Essay

Match the term with its definition.
a.Statement of financial position
b.Debt
c.Dividend
d.Financial leverage
e.Mortgage
f.Equity
g.Retained earnings
h.Working capital cycle
-Owners' investments in a company plus cumulative net profits retained in the business.

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Definitions:

Unit Retail Price

The price at which a single unit of a product is sold to consumers in the retail market.

Retail Price

The total cost at which a product or service is sold to the end consumer, inclusive of all markups.

US Dollar

The official currency of the United States, widely used as a standard of exchange in international markets.

Euro

The official currency of nineteen of the twenty-seven European Union countries, known collectively as the Eurozone.