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Financial Statement
A formal record of the financial activities and position of a business, individual, or other entity, which includes the balance sheet, income statement, and statement of cash flows.
Base Amount
The initial value or standard measure that is used as a reference point for calculations, comparisons, or adjustments.
Acid-test Ratio
The acid-test ratio is a financial metric used to assess a company's ability to pay off its short-term liabilities with its most liquid assets, excluding inventory.
Short-term Investments
Financial assets that are expected to be converted into cash or sold within a year or the operating cycle, whichever is longer.
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