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88 the three forms of business organizations are and 4299910

 

88. The three forms of business organizations are ____________________, ____________________, and ____________________.

89. The step of listing the liabilities of the company in order of their time to maturity is performed for a financial statement called ____________________.

90. ____________________ are cash and other assets that are reasonably expected to be realized in cash withing one year.

91. Property, plant and equipment is classified as ____________________ assets on the balance sheet.

92. In a(n) ____________________-step income statement, all expenses and losses are added together, then deducted from the sum of all revenues and gains.

93. The ____________________ is the U.S. federal government agency with the ultimate authority to determine the accounting rules for companies whose stock is sold to the public.

94. The ____________________ is the private sector group with authority to set accounting standards in the United States.

95. The various rules and conventions that have evolved over time to guide the preparation of financial statements in the U.S. are called ____________________.

96. In ____________________ analysis, each financial statement line item is expressed as a percent of a base year, which is typically the earliest year shown.

97. In ____________________ analysis, each financial statement line item is expressed as a percent of the base amount on the statement, which is net sales or total assets for the income statement or balance sheet, respectively.

98. ____________________ is a part of issued stock that is repurchased by the corporation but not retired.

 

 

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