Match the Following

question 14

Short Answer

Match the following:
A) vertical analysis
B) rate of return on net sales
C) long-term solvency
D) common-size statement
E) rate of return on common shareholders' equity
F) current ratio
G) dividend yield
H) book value per common share
I) debt ratio
J) short-term liquidity
K) accounts receivable turnover
L) acid-test ratio
M) horizontal analysis
N) working capital
O) day's sales in receivables
P) times-interest-earned ratio
Q) inventory turnover
R) price/earnings ratio
S) benchmarking
-Analysis of a financial statement that reveals the relationship of each statement item to the total,which is 100%

• A) vertical analysis
• B) rate of return on net sales
• C) long-term solvency
• D) common-size statement
• E) rate of return on common shareholders' equity
• F) current ratio
• G) dividend yield
• H) book value per common share
• I) debt ratio
• J) short-term liquidity
• K) accounts receivable turnover
• L) acid-test ratio
• M) horizontal analysis
• N) working capital
• O) day's sales in receivables
• P) times-interest-earned ratio
• Q) inventory turnover
• R) price/earnings ratio
• S) benchmarking
• -Analysis of a financial statement that reveals the relationship of each statement item to the total,which is 100%

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Definitions:

Medical Expense Deduction

A tax deduction allowed for unreimbursed medical and dental expenses exceeding a certain percentage of AGI.

Adjusted Gross Income

A measure of income calculated from your gross income and allows specific deductions, impacting tax liability.

Medical Care Insurance Premiums

The costs paid for insurance policies that cover medical and surgical expenses; these premiums are often deductible on individual tax returns if certain criteria are met.

Medical Expenses

Costs related to healthcare, including treatments, surgeries, and preventive services, which may be deductible under certain tax conditions.