会计英语实训教程（第三章）

BalanceSheetIncomeStatementCashFlowStatementAnalysisofFinancialStatementsSection

1BalanceSheetPart1

WorkplaceSpokenEnglish

FollowtheSamplesDialogue1Section1BalanceSheetA：Iwanttoknowhowmybusinessisdoing.Ineedtobuysomenewequipment.B：Ihavejustcompletedabalancesheetforyou.Iwasgoingtoemailittoyou.A：That’sgreat.Whatisabalancesheet?B：Abalancesheetisafinancialsnapshot（概要）ofhowabusinessisdoingatthemoment.A：WhatcanIlearnfromit?B：Itincludesasummaryofassetsandliabilities.Itcanshowuswhatthebusinessisworthatthattime.Abalancesheetcanalsoprovidealotofimportantinformationforthemanagers.A：Howoftenisabalancesheetusuallyprepared?B：Mostpeoplewantabalancesheetdoneeverymonth.A：OK.Thiswillhelpmegetanideaofhowwearedoing.Thankyouforyourpresentation.B：Youarewelcome.资产类年初数期末数负债及权益类年初数期末数流动资产：

流动负债：货币资金短期借款短期投资应付票据应收票据应付账款应收股利预收账款应收利息其他应付款应收账款应付工资预付账款应付福利费应收补贴款应付股利其他应收款应交税金存货其他未交款待摊费用预提费用一年内到期的长期债券投资预计负债资产负债表公司名称：年月日单位：元Part1

WorkplaceSpokenEnglish1.FollowtheSamplesDialogue2Section1BalanceSheetA：Howmuchmoneydowehavereadilyavailable?Willthelastbalancesheettellmethat?B：Yes.Whatkindofmoneyareyoutalkingabout?Doyoumeaninshorttermassets?A：Yes.Ineedtoknowwhatkindofmoneywehaveinthecheckingaccount.B：Thebalancesheetwilltellyouthat,butthatbalancesheetisthreeweeksold.A：Isthereanotheronecomingoutsoon?B：Yes.A：Inaddition,Ihavebeenlookingoverthisbalancesheet.Iseesomethingthatconcernsme.B：Whatisit?DidIaddsomethingupwrong?Iwasinabitofarush.A：Thereisalotofmoneyowedtothebusinessforpurchasesbycustomers.B：Youaretalkingabouttheaccountsreceivables.Well,Iwillgotocollectthemassoonaspossible.···CompletethedialogueaccordingtotheChinesehints·你打算怎样筹措这14万美元的投资？我想从银行借剩余的4万美元。_______________________________________________________________________________Part1

WorkplaceSpokenEnglishSection1BalanceSheet

2.PutinUse12_______________________________________________________________________________假定银行借给你4万美元，根据你给我的数字让我们把财务报表进行汇总。_______________________________________________________________________________3右边显示资产是如何融资得到的：部分是通过银行贷款和业主的所有者权益。投资在资产上的钱等于融资得到的钱。_______________________________________________________________________________Part1

WorkplaceSpokenEnglishSection1BalanceSheet

2.PutinUse45_______________________________________________________________________________我明白了为什么资产和债务被分成流动性的和非流动性的。_______________________________________________________________________________6Part2

IntensiveReadingSection1BalanceSheet

BalanceSheet(1)NewWordsandSpecialTerms1.property['prɔpətɪ]

n. 性质，财产2.concise[kən'saɪs]

a. 简洁的，简明的3.specified['spesɪfaɪd]

a. 具体指定的4.assist[ə'sɪst]

v. 帮助，协助5.evaluate[ɪ'væljʊeɪt] v. 评估评价6.strength[streŋθ]

n. 实力7.profitability[;prɔfɪtə'bɪlɪtɪ]

n. 盈利能力8.creditor['kredɪtə]

n. 债权人9.distribute[dɪ'strɪbjuːt]

v.分发，分配10.file[faɪl]

v.提交，提出11.analysis[ə'næləsɪs]

n.分析12.format['fɔrmæt]

n.格式，结构13.illustrate['ɪləstreɪt]

v.举例说明，阐明14.distinct[dɪ'stɪŋkt]

a.不同的，明显的15.classified['klæsɪfaɪd]

a.分类的16.comparison[kəm'pærɪsən]

n. 比较

Part2

IntensiveReadingSection1BalanceSheet

BalanceSheet(1)NewWordsandSpecialTerms17.index['ɪndeks]

n. 指标18.derivable[dɪ'raɪvəbəl]

a. 可引出的19.ratio['reɪʃɪəʊ]

n. 比，比率20.designate['dezɪgneɪt]

v. 指定，选定21.intangible[ɪn'tændʒəbl]

a. 无形的22.liquid['lɪkwɪd]

a. 流动的23.patent['pætnt] n. 专利权24.franchise['fræntʃaɪz]

n. 特许经营权25.privilege['prɪvɪlɪdʒ]

n. 特权26.satisfy['sætɪsfaɪ]

v. 偿还，补偿27.mortgage['mɔrgɪdʒ]

n. 抵押28.bond[bɒnd]

n. 债券29.lease[liːs]

n. 租约，租期30.setforth 提出，宣布31.financialanalysis 财务分析32.currentassets 流动资产33.currentliabilities 流动负债Part2

IntensiveReadingSection1BalanceSheet

BalanceSheet(1)NewWordsandSpecialTerms34.long-termliabilities 长期负债35.retainedearnings 留存收益36.plantassets 固定资产37.operatingcycle 经营周期38.notespayable 应付票据39.leaseobligations 应付租赁费40.contributedcapital 实收资本Part2

IntensiveReadingSection1BalanceSheet

BalanceSheet(1)ExercisesI.Answerthefollowingquestionsaccordingtothepassage.1.Whomarefinancialstatementsusefulfor?

2.Whatisthepurposeoffinancialstatements?

3.Whatdoesthebalancesheetshowus?

4.Howcanabalancesheetbecomemoreuseful?

5.Whatareplantassets?

————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————Part2

IntensiveReadingSection1BalanceSheet

BalanceSheet(1)ExercisesII.Completethefollowingstatementsaccordingtothepassage.1.Financialstatementsshowthefinancialpositionofthebusinessattheendofthetimeperiodandalso_______________bywhichthebusinessarrivedatthisfinancialposition.2.

Inaddition,thesestatementsarefiledwithvarious_________________andbecomeamatterofpublicrecord.3.

Inpreparingthebalancesheet,itisnotnecessarytomake_______________ofthedata.4.

Anotherpointtonoteabouttheformofabalancesheetisthatcashisalwaysthefirstassetlisted;itisfollowedbyreceivables,supplies,andanyotherassetsthatwillsoonbeconvertedintocashor_________________.5.

Thiscurrentratioought,generally,tobeatleast2to1,thatis,currentassetsshouldbe_________________currentliabilities.6.Currentliabilitiesareobligationsduetobepaidorsettledwithin____________ortheoperatingcycle,whicheverislonger.Part2

IntensiveReadingSection1BalanceSheetBalanceSheet(1)ExercisesIII.Matchthefollowingphraseswiththeirmeanings.1.capitalstock 实收资本2.contributedcapital 财务分析3.notespayable 经营周期4.leaseobligations 应付票据5.financialanalysis 应付租赁费6.currentliabilities 无形资产7.intangibleassets 留存收益8.operatingcycle 固定资产9.retainedearnings 流动负债10.plantassets 股本Part2

IntensiveReadingSection1BalanceSheet

BalanceSheet(1)ExercisesIV.Fillintheblankswiththewordsgivenbelow,andchangetheformwhennecessary.obligationclaimconsumptionexhaustcreditorresourcebenefitentityproduceentitleAssetsareprobablefutureeconomic__________obtainedorcontrolledbyacompanyresultofpasttransactionsorevents.Theyareusefulforcarryingouteconomicactivities,suchas__________,productionandexchange.Inotherwords,assetsaretheeconomic__________ofafirm,andtheyaregenerallyusedtohelp__________,eitherdirectlyorindirectly,futurecashinflowsforthefirm.Liabilitiesareprobablefuturesacrificesofeconomicbenefitsarisingfrompresent__________ofacompanytotransferassetsorprovideservicestoother__________inthefutureasaresultofpasttransactionorevents.Liabilitiesrepresentclaimsagainsttheborrower’sassets.Asweshallsee,theownersofabusinessalsohave__________onthecompany’sassets.Butintheeyesofthelaw,__________claimstakepriorityoverthoseoftheowners.Thismeansthatcreditorsare__________tobepaidinfull,evenifsuchpaymentwould__________theassetsofthebusinessandleavenothingforitsowners.Part2

IntensiveReadingSection1BalanceSheet

BalanceSheet(1)ExercisesV.TranslatethefollowingsentencesintoChinese.————————————————————————————————————1.Sincethesefinancialstatementsareinasensetheendproductoftheaccountingprocess,thestudentwhoacquiresaclearunderstandingofthecontentandmeaningoffinancialstatementswillbeinanexcellentpositiontoappreciatethepurposeoftheearlierstepsofreadingandclassifyingbusinesstransactions.————————————————————————————————————2.Oncewehavebecomefamiliarwiththeformandarrangementofthebalancesheetandwiththemeaningoftechnicaltermssuchasassets,liabilities,andowners’equity,itwillbeeasytoreadandunderstandareportonthefinancialpositionofabusiness.Part2

IntensiveReadingSection1BalanceSheet

BalanceSheet(1)ExercisesV.TranslatethefollowingsentencesintoChinese.————————————————————————————————————4.Abalancesheetconsistsofalistingoftheassetsandliabilitiesofabusinessandoftheowners’equity.————————————————————————————————————5.Theowners’equityinabusinessrepresentstheresourcesinvestedbytheowner;itisequaltothetotalassetsminustheliabilities.Theequityoftheownerisaresidualclaimbecausetheclaimsofthecreditorslegallycomefirst.————————————————————————————————————3.Thepurposeofabalancesheetistoshowthefinancialpositionofabusinessataparticulardate.Everybusinesspreparesabalancesheetattheendoftheyear,andmostcompaniesprepareoneattheendofeachmonth.Part2

IntensiveReadingSection1BalanceSheet

BalanceSheet(1)ExercisesVI.Caseproblems.PreparethebalancesheetbasedonthetrialbalanceofABCCompany.cashflows 现金流量governmentalagencies 政府机构incomestatement 损益表thestatementofcashflow 现金流量表non-currentassets 非流动资产Part3ExtensiveReadingSection1BalanceSheetBalanceSheet(2)SpecialTermsSection2IncomeStatementPart1WorkplaceSpokenEnglishSection2IncomeStatement

1.FollowtheSamplesDialogue1A：Whatistheincomestatement?B：Itisalsosometimesreferredtoasprofitandlossstatement.Theincomestatementiscreatedtoshowtheresultsofoperationsforaperiodoftime.A：Whatarethefeaturesoftheincomestatement?B：Itisaflowreportwithdynamicaccountingelements—revenue,expenseandnetincome.A：Howoftenshouldwepreparetheincomestatement?B：Theseareusuallydoneonceamonth.Somebusinessesdon’tdothemeverymonth,butit’sagoodideatohaveitdonethatoften.A：Whydopeoplesaythatitisveryusefulforthedecisionmakersofabusiness?B：Anincomestatementgivesapersonanideaofwhatthebusinessdidthatmonth.It’sgoodinformationthathelpsapersontorunthebusinessefficiently.Part1WorkplaceSpokenEnglishSection2IncomeStatement

1.FollowtheSamplesDialogue2A：Lucy,hereistheincomestatementyouaskedforyesterday?Igotitdonethismorning.B：That’sgreat.Thankyou.A：Haveyoufinishedreadingtheprofitandlossstatement?B：No,Ihaven’t.Howdoesitlook?Howisthecompanydoing?A：Notgood.Ourrevenueswerewaydownandourexpenseswerewayup.B：Youareright.Somethingmustbedonetoimprovethatsituation.A：Likewhat?B：FirstI’mgoingtotalktothesalesstaffandtellthemtogettheirsalesbackup.Part1WorkplaceSpokenEnglishSection2IncomeStatement

2.PutinUse···CompletethedialogueaccordingtotheChinesehints·我们应该如何利用损益表?我们从销售额开始，然后减去所售产品的成本以便得到毛利。_______________________________________________________________________________12_______________________________________________________________________________Part1WorkplaceSpokenEnglishSection2IncomeStatement

2.PutinUse我们还需要仔细检查所有的销售和费用项目以确保他们都是属实的。净收益意味着减去营业费用和所得税之后的收入。_______________________________________________________________________________45_______________________________________________________________________________我们从毛利中减去营业费用。_______________________________________________________________________________3Part2IntensiveReadingSection2IncomeStatement

IncomeStatementNewWordsandSpecialTerms1.measure['meʒə]

v.衡量，计算2.stockholder['stɔk;həʊldə]

n.股东3.prospective[prə'spektɪv]

a.将来的，预期的4.term[tɜːm]

n.术语

v.把……称为，叫作5.fiscal['fɪskl]

a.财政的，会计的6.coincide[;kəʊɪn'saɪd]

v. 一致，符合7.slack[slæk]

a. 清淡的，不忙碌的8.subtract[səb'trækt] v. 减去，扣掉9.subtotal['sʌbtəʊtl] n. 小计10.significant[sɪg'nɪfɪkənt]

a. 重要的，有含义的11.allowance[ə'laʊəns]

n. 销售折让12.retail['riːteɪl]

v. 零售13.complex['kɒmpleks]

a. 复杂的Part2

IntensiveReadingNewWordsandSpecialTerms14.raw[rɔː]

a. 生的，未加工的15.material[mətɪrɪəl] n. 材料，物资16.incidental[;ɪnsɪ'dentl]

a. 偶然的，附带的17.condensed[kən'denst]

a. 浓缩的18.presumably[prɪ'zjuːməblɪ]

ad. 大概19.economicperformance 经营业绩20.operatingresults 经营成果21.accountingperiod 会计期间22.fiscalyear 会计年度23.slackseason 淡季24.atimeofpeakbusinessactivity 旺季25.multiple-stepincomestatement 分步式利润表26.single-stepincomestatement 单步式利润表27.thecostofgoodssold 销售成本28.netsales 销售净收入Section2IncomeStatement

IncomeStatementPart2

IntensiveReadingNewWordsandSpecialTerms29.salesreturns 销售退回30.officialformat 正式格式31.manufacturingfirm 工业企业32.rawmaterials 原材料33.finishedproducts 成品34.administrativeexpenses 管理费用35.incidentalexpenses 零星费用Section2IncomeStatement

IncomeStatementPart2

IntensiveReadingExercisesI.Answerthefollowingquestionsaccordingtothepassage.Section2IncomeStatement

IncomeStatement————————————————————————————————————1.Howdoestheincomestatementshowustheresultsofoperationsforabusiness?————————————————————————————————————2.Whatisthecompany’saccountingperiod?————————————————————————————————————3.Whydon’tsomebusinessesselecttouseafiscalyearwhichendsDecember,31?Part2

IntensiveReadingExercisesI.Answerthefollowingquestionsaccordingtothepassage.Section2IncomeStatement

IncomeStatement————————————————————————————————————4.Whichformsofincomestatementsarethereinaccountingpractice?————————————————————————————————————5.Whyisthemultiple-stepincomestatementalsocalledtheclassifiedincomestatement?Part2

IntensiveReadingExercisesII.Completethefollowingstatementsaccordingtothepassage.Section2IncomeStatement

IncomeStatement1.Whenwemeasure___________________earnedbyabusiness,wearemeasuringitseconomicperformance—itssuccessorfailureasabusinessenterprise.2.

A12-monthaccountingperiodusedbyanentityiscalledits_________________.3.

Thefiscalyearusedbymostcompaniescoincideswith________andendsonDecember,31.However,somebusinessesselecttouseafiscalyearwhichendsonsomeotherdate.4.

Themultiple-stepincomestatementissonamedbecauseoftheseriesofstepsinwhich___________________aredeductedfromrevenue.5.

Themultiple-stepincomestatementisnotedforitsnumerous_________________.6.Theclassifiedincomestatementenablesmanagement,stockholders,analysts,andotherstostudythechangesintheexpenses___________________.Part2

IntensiveReadingExercisesIII.Matchthefollowingphraseswiththeirmeanings.1.finishedproducts 销售成本2.incidentalexpenses 会计年度3.thecostofgoodssold 原材料4.salesreturns 正式格式5.fiscalyear 零星费用6.accountingperiod 工业企业7.manufacturingfirm 淡季8.rawmaterials 会计期间9.slackseason 成品10.officialformat 销售退回Section2IncomeStatement

IncomeStatementPart2

IntensiveReadingExercisesIV.Fillintheblankswiththewordsgivenbelow,andchangetheformwhennecessary.operationresultperformanceexcessrevenueperiodownpositionacquirepointSection2IncomeStatement

IncomeStatementTheincomestatementisanactivitystatementthatshowsthedetailsand_________ofthecompany’sprofit-relatedactivitiesforaperiodoftime.Itisparticularlyimportantforthecompany’s_______,creditorsandotherinterestedpartiestounderstandtheincomestatement.Ultimatelythecompanywillsucceedorfailbasedonitsabilitytoearnrevenuesin_______ofitsexpenses.Oncethecompany’sassetsare________andbusinesscommences,revenuesandexpensesareimportantdimensionsofthecompany’s_____.Noticethattheheadingfortheincomestatementreferstoa_________oftimeratherthana_________intime,aswasthecasewithbalancesheet.Theincomestatementreportonthefinancial_________ofthecompanyintermsofearning_________andincurringexpensesoveraperiodoftimeandexplains,inpart,howthecompany’sfinancial_________changedbetweenthebeginningandendingofthatperiod.Part2

IntensiveReadingExercisesV.TranslatethefollowingsentencesintoChinese.————————————————————————————————————1.Anincomestatementisafinancialstatementthatsummarizestheprofitabilityofabusinessentityforaspecifiedperiodoftime.————————————————————————————————————2.Inthisstatement,netincomeisdeterminedbycomparingthesalespricesofgoodsorservicessoldduringtheperiodwiththecostsincurredbythebusinessindeliveringthesegoodsorservices.Section2IncomeStatement

IncomeStatementPart2

IntensiveReadingExercisesV.TranslatethefollowingsentencesintoChinese.————————————————————————————————————3.Inatechnicalsense,theincomestatementissubordinatetothebalancesheet.Thisisbecauseitshowstheitemsindetailthatcollectivelyaccountformostoftheperiod’snetchangeinonlyonebalancesheetitem,retainedearnings.————————————————————————————————————4.Thetechnicalaccountingtermsforthesecomponentsofnetincomearerevenueandexpenses.Therefore,accountantssaythatnetincomeisequaltorevenueminusexpenses.Section2IncomeStatement

IncomeStatement————————————————————————————————————5.Rememberthatthebalancesheetexpressesthecompany’sfinancialpositionatapointintime,buttheincomestatementshowstheinflowsandoutflowsofacompany’sresourcesoveraperiodoftime.Part2

IntensiveReadingSection2IncomeStatementIncomeStatementExercisesVI.Caseproblems.Required:1.CalculatethenetincomeforthemonthofApril.2.PrepareanincomestatementforthemonthofApril.3.PrepareabalancesheetatApril30,2015.dynamicelements 动态元素accounttitles 会计科目feesearned 费用收入realestate 不动产commissionsearned 佣金收入promptpayment 即时付款cashdiscounts 现金折扣dividendsearned 股利收益Part3ExtensiveReadingIncomeStatementAccountsSpecialTermsSection2IncomeStatementmarketablesecurities 有价证券interest-bearinginvestments 计息投资FASB 财务会计准则委员会sellingandadministrativeexpenses 销售与管理费用researchanddevelopmentexpenses 研发费用incometaxexpense 所得税费用Section3CashFlowStatementPart1WorkplaceSpokenEnglishSection3CashFlowStatement

1.FollowtheSamplesDialogue1A：Ihavebeenreviewingourfinancialstatementsforthelastyear.Iamdisappointedthatournetincomepersharehasdroppedby10%.Isn’tthereanythingwecandoaboutthis?B：Whatdoyoumean?OurfinancialstatementswerepreparedaccordingtoGenerallyAcceptedAccountingPrinciples,Idon’tseemuchleeway（余地）forsignificantchangeatthispoint.A：No,no.I’mnotsuggestingthatwe“cookthebook”.Butlookatthecashflowfromoperationsonthecashflowstatement?B：What?A：Thecashflowfromoperationshasincreasedby20%.B：Thisisverygoodnews,isn’tit?A：Yes.Thehighercashflowoperationswillgiveourcreditorscomfort.B：Well,thecashflowfromoperationsisonthecashflowstatement,soIguessuserswillbeabletoseetheimprovedcashflowfiguresthere.A：Thisistrue.B：Userswillreallybenefitfromthisdisclosure.Part1WorkplaceSpokenEnglishSection3CashFlowStatement

1.FollowtheSamplesDialogue2A：Lucy,couldyoutalkaboutcashflowstatement?B：Ofcourse.Cashflowstatementisreallyveryusefulinsomecases.A：Couldyoumakeitmorespecific,please?B：Itcantellyoumoreaboutwhatisactuallyhappeninginabusinessthaneitherthebalancesheetorincomestatement.Thecashflowstatementrevealsnotonlytheoperatingcashflowofthecompany,butalsoenablestheusertoreconcile（调整）thecashflowstonetincome.A：Isee.B：Inaddition,acashflowstatementshowswhatcashisavailableinabusinessandwhenmorecashwillbecomingin.A：Whatisthefunctionofthecashflowstatementinbusinessmanagement?B：Itenablestheoperatorsofabusinesstolookatpastperformancetoplanforthefuture.Acashflowstatementisanotherimportantdocumentthathelpsacompanyruneffectively.Part1WorkplaceSpokenEnglish

2.PutinUse···CompletethedialogueaccordingtotheChinesehints·我知道他们常常和资产负债表与利润表一起使用。它被用来分析现金的流入和流出。_______________________________________________________________________________12_______________________________________________________________________________Section3CashFlowStatementPart1WorkplaceSpokenEnglish

2.PutinUse注意该表分为三个部分：经营活动，投资活动和集资活动。它包括由销售商品或服务而收到的现金以及由购库存，支付工资、税和租金而发生的现金流出。_______________________________________________________________________________45_______________________________________________________________________________Section3CashFlowStatement那意味着在某个会计期间钱从哪里来并到哪里去。_______________________________________________________________________________3Part2IntensiveReadingTheStatementofCashFlowNewWordsandSpecialTerms1.associate[ə'səʊʃɪeɪt]

v. 使有联系2.finance['faɪnæns]

v. 融资3.mature[mə'tjʊə]

v. 到期，成熟4.assess[ə'ses]

v. 估价，确定金额5.previous['priːvɪəs]

a. 前面的6.ancillary[æn'sɪlərɪ] a. 辅助的，从属的7.authority[ɔː'θɒrətɪ]

n. 权力机构，权威8.disbursement[dɪs'bɜːsmənt]

n. 支付，支出9.principal['prɪnsəpl] n. 本金10.proceeds['prəʊsiːdz]

n. 收益，收入11.repurchase[rɪpɜːtʃɪs]

v. 回购12.cumulative['kjuːmjʊlətɪv]

a. 累积的Section3CashFlowStatementPart2

IntensiveReadingNewWordsandSpecialTerms13.indisputable[;ɪndɪ'spjuːtəbl]

a. 明白的，无可争辩的14.virtually['vɜːrtʃəlɪ] ad. 事实上，实质上15.manual['mænjʊəl] a. 手工的，手动的16.financingactivities 融资活动17.actualcash 实际现金18.cashequivalents 现金等价物19.cashtreasury 库存现金20.TheFinancialAccountingStandardsBoard(FASB) 财务会计准则委员会21.knownamounts 已知金额22.netflows 净流量23.drawup 起草24.dividendpolicy 分红政策25.advancedeposits 预收账款Section3CashFlowStatement

TheStatementofCashFlowPart2

IntensiveReadingNewWordsandSpecialTerms26.revenue-generatingactivities 创收活动27.interestrevenue 利息收入28.dividendsrevenue 股息收入29.taxrefund 退税30.taxauthorities 税务机关31.overheadcost 管理费用32.equitysecurities 股本证券33.netproceeds 所得款项净额34.standardcomputerizedaccountingsystems 标准的会计电算化系统35.hand-preparedstatement人工编制的报表36.CFS 现金流量表Section3CashFlowStatement

TheStatementofCashFlowPart2

IntensiveReadingExercisesI.Answerthefollowingquestionsaccordingtothepassage.Section3CashFlowStatement

TheStatementofCashFlow1.Whatiscashflowstatement?

2.Whatinformationcancashflowstatementprovide?

3.Whatareoperatingactivities?

4.Whatarefinancingactivities?

5.Whatarethebasicapproachestopreparingcashflowstatement?

————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————Part2

IntensiveReadingExercisesII.Completethefollowingstatementsaccordingtothepassage.Section3CashFlowStatementTheStatementofCashFlow1.TheFinancialAccountingStandardsBoard(FASB)definescashequivalentsas________________________thatarereadilyconvertibletoknownamountsofcashandthatmatureinnomorethan90daysfromthedateofthefinancialstatement.2.

Bymeansoftheinformation,managementcanassesstheliquidityofthecompany,evaluatetheeffectsofsomepreviousdecisions,drawupthedividendpolicyandmakedecisionsabout_____________________________.3.

Thecashoutflowsarethosedisbursementsthatareincurredtoearntheinflow,suchascashpaidfor________,wagesandsalaries,incometaxes,interestpaymentsandoverheadcosts.4.

Commonexamplesofcashinflowsincludecashreceivedfromsaleofplantandequipment,cashfromsa