Match the Lettered Terms to the Blanks Below to Complete

question 84

Essay

Match the lettered terms to the blanks below to complete the relevant formula for each financial statement.
A.Cash at beginning of year
B.Net cash flow from operating activities
C.Balance of retained earnings from previous year
D.Net cash flow from investing activities
E.Liabilities
F.Net cash flow from financing activities
G.Balance of retained earnings at end of year
H.Net income
I.Revenue
J.Assets
K.Shareholders' equity
L.Expenses
M.Cash at end of year
N.Dividends paid
A letter may be used more than once.Use the blank on the left side of the equals sign for the "bottom line" number that is reported at the end of each financial statement.Rearrange the formula if necessary.
Balance Sheet_____=_____+_____
Income Statement_____=________-_________
Statement of Retained Earnings______=_________+________-______
Statement of Cash Flows______=________+_________+_______+________

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Definitions:

Competitive Advantage

The attributes that allow an organization to outperform its competitors, including cost, product quality, or unique business models.

Network

A system of interconnected computers, servers, or devices that can communicate and share resources.

Low-Cost

Referring to products, services, or strategies designed to be affordable or cheaper than the majority of comparable options.

Rivals

Competitors who are in direct competition with one another, often within the same industry or market.