List FIVE of the SEVEN Key Points to Keep in Mind

question 8

Essay

List FIVE of the SEVEN key points to keep in mind when preparing a stand-alone presentation that can be viewed at the convenience of the user.

---

Definitions:

Acid Test Ratio

Used to determine the amount of assets that can be quickly turned into cash to pay current liabilities; acid test ratio equals total of cash plus receivables divided by total current liabilities.

Balance Sheet

A summary report detailing a company's assets, debts, and equity held by shareholders at a particular moment.

Income Statement

The financial statement that shows the revenues, the expenses, and the net income for a certain period of time.

Net Income to Net Sales

A financial ratio measuring a company's profitability by comparing net income to net sales.