Samarkand iktisodiyot va servis instituti

Lesson 23. ECONOMIC SYSTEMS. MARKET REPORTS.

Ilova 1 (23.1)
Key terms in measuring financial
performance 1

The phrases on the left are commonly used in considerations of the financial strength of a company. Match each one to an appropriate explanation on the right. Use the grid below. (See example):

1 company accounts a) The description of income and expenditure in a
specific accounting period.
2 profit and loss account
b) Items of value which are not easily changed into
3 balance sheet cash but which the business needs.

4 opening balance c) Documents showing income, expenditure, assets and

liabilities, sales records, etc.
5 closing balance
d) Major spending on large items necessary for the
6 capital expenditure business, such as property or equipment.

7 fixed assets e) Cash items, or items that can easily be changed into

cash for the present financial year.
8 current assets
f) The amount of money held in cash or near cash at the
9 net sales end of the accounting period.

10 pre-tax profit g) The cost of borrowing from a bank.

11 interest paid h) Money made by the company, less all costs, but
before tax has been paid.

i) The amount of money held in cash or near cash at the

start of the accounting period.

j) The overall picture of assets and liabilities.

k) The profit from sales after direct costs have been
deducted.

1	2	3	4	5	6	7	8	9	10	11
c