Match Each of the Following Terms with the Most Appropriate

question 218

Short Answer

Match each of the following terms with the most appropriate definition.
a. Return on assets
b. Assets
c. Expenses
d. Risk
e. Liabilities
f. Owner withdrawals
g. Accounting equation
h. Owner capital
1. The uncertainty about the return to be earned.
____ 2. Resources such as cash that an owner puts into the company.
____ 3. A financial ratio stated as income divided by assets invested.
____ 4. Creditor's claims on a company's assets.
____ 5. Decreases in equity from costs of providing products or services to customers.
____ 6. Resources such as cash that an owner takes from the company for personal use.
____ 7.Resources a company owns or controls that are expected to yield future benefit.
8. Expresses the relation of assets, liabilities and equity in a company, comparing the resources the company owns to the sources of funds to acquire the resources.

---

Definitions:

Tri-country War

A hypothetical conflict involving three distinct nations, often used to describe scenarios in military strategy or historical analysis.

African Slave Labor

The forcible employment of African people, primarily in the Americas, from the 16th to the 19th centuries, under conditions of slavery.

Plantation Labor

Work associated with the operation of large agricultural estates, often involving the cultivation of crops like cotton, sugar, and tobacco, historically reliant on slave or indentured labor.