Match the Following Terms with the Appropriate Definition

question 110

Multiple Choice

Match the following terms with the appropriate definition.
-obligations whose amounts,timing,or recipient depend on future events

• A)accrued liabilities
• B)contingent liabilities
• C)current liabilities
• D)interest rate
• E)liabilities
• F)payroll taxes
• G)sales taxes
• H)warranty
• I)withholdings

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Definitions:

Percentage Analyses

A financial analysis technique that expresses components of financial statements as percentages of a base amount to compare financial data across periods or companies.

Ratios

Quantitative metrics calculated from financial statements to evaluate various aspects of a company's performance or financial health.

Turnovers

The rate at which inventory or assets are sold and replaced or employees leave a company and are replaced over a given period.

Vertical Analysis

A method in financial analysis where each entry in a set of financial statements is listed as a percentage of another item, typically used for income statement and balance sheet analysis to show relative proportions.