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Crystal,Inc.
Crystal,Inc.reported $52,000 of net income for 2014.Crystal's balance sheet at December 31,2014 includes the following amounts:
Read the information about Crystal,Inc.Which item is most "liquid"? Why is liquidity important?
Common Equity
The amount of ownership in a corporation that is held by common shareholders, represented by common stock.
Leverage
The use of borrowed capital or financial instruments to increase the potential return of an investment.
Equity Financing
The process by which a company raises capital through the sale of shares.
Depreciation
A method of allocating the cost of a tangible asset over its useful life.
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