Examlex
Matching
Match each of the following descriptions with the communication term that best describes it.
-decoding
Financial Statements Linkage
The connection and relationship between different financial statements (e.g., balance sheet, income statement, cash flow statement) to assess the financial health of a business.
Retained Earnings
The cumulative amount of profit retained by the company and not paid out in the form of dividends to owners.
Net Income
The total earnings or profit of a company after subtracting all expenses, taxes, and costs, also known as net earnings.
Goodwill
The price paid for an asset in excess of its book value. You will see this on the balance sheet when the company has made one or more large acquisitions.
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