Financial Documents
Akopọ
Every business, from a corner shop to a multinational, keeps a financial scorecard. Two documents sit at the heart of that scorecard: the income statement, which reveals how much profit the business has earned over a period, and the statement of financial position, which shows what the business owns and owes at a single point in time.
In this lesson you will learn how to read, interpret and use both documents. You will calculate gross profit, operating profit, net assets and capital employed, and explore how owners, managers, investors and lenders rely on these figures to make critical decisions about the future of a business.
Awọn Afojusun
- Understand the purpose of statements of comprehensive income: main features (sales, cost of sales, gross profit, expenses, operating profit), the use of statements of comprehensive income in decision making, the nature of profit and its importance
- Understand the purpose of statements of financial position: main features (current and non-current assets, current and non-current liabilities, capital employed), interpret a statement of financial position
Àwòrán ọpọlọ
A ti ṣe àwòrán kókó yìí kí o lè rí bí àwọn èrò ṣe so pọ̀.
Ṣí àwòrán ọpọlọ nínú áàpù
Káàdì ìrántí
Ìdánrawò kíákíá lórí ohun tí wọ́n ń dán wò nínú kókó yìí.
Ṣe ìdánrawò káàdì wọ̀nyí nínú áàpù
Akọ̀wé Ẹ̀kọ́
Àkọsílẹ̀ Ẹ̀kọ́ Pípé wà lórí Ohun Èlò Green Bridge
Gba ohun èlò Green Bridge CBT sórí fóònù tàbí kọ̀mpútà rẹ fún gbogbo ilé ìkàwé IGCSE: ìwé ìdánwò àtijọ́, ìlànà ìdíwọ̀n, àwòrán èrò, káàdì ìkẹ́kọ̀ọ́ àti ẹ̀kọ́ ohùn.
Ìdánwò Ẹ̀kọ́
Oriire fun ipari ẹkọ lori Financial Documents. Ni bayi ti o ti ṣawari naa awọn imọran bọtini ati awọn imọran, o to akoko lati fi imọ rẹ si idanwo. Ẹka yii nfunni ni ọpọlọpọ awọn adaṣe awọn ibeere ti a ṣe lati fun oye rẹ lokun ati ṣe iranlọwọ fun ọ lati ṣe iwọn oye ohun elo naa.
Iwọ yoo pade adalu awọn iru ibeere, pẹlu awọn ibeere olumulo pupọ, awọn ibeere idahun kukuru, ati awọn ibeere iwe kikọ. Gbogbo ibeere kọọkan ni a ṣe pẹlu iṣaro lati ṣe ayẹwo awọn ẹya oriṣiriṣi ti imọ rẹ ati awọn ogbon ironu pataki.
Lo ise abala yii gege bi anfaani lati mu oye re lori koko-ọrọ naa lagbara ati lati ṣe idanimọ eyikeyi agbegbe ti o le nilo afikun ikẹkọ. Maṣe jẹ ki awọn italaya eyikeyi ti o ba pade da ọ lójú; dipo, wo wọn gẹgẹ bi awọn anfaani fun idagbasoke ati ilọsiwaju.
- Which formula correctly calculates gross profit? A) Revenue - expenses B) Revenue - cost of sales C) Operating profit + expenses D) Total assets - total liabilities Answer: B
- Which of the following is a non-current asset? A) Trade receivables B) Cash in the bank C) Factory building D) Inventory Answer: C
- Current liabilities are best described as: A) Debts due to be paid within one year B) Long-term loans from a bank C) Money owed by customers D) The owner's capital investment Answer: A
- A business has revenue of $300,000 and cost of sales of $180,000. Its gross profit is: A) $480,000 B) $180,000 C) $120,000 D) $300,000 Answer: C
- The statement of financial position differs from the income statement because it: A) Covers a period of time rather than a single date B) Shows assets and liabilities at a specific date C) Shows profit and loss for the year D) Does not include any figures Answer: B
Ṣiṣẹ́ lórí àwọn ìbéèrè wọ̀nyí nínú ohun èlò náà
Ṣiṣẹ́ lórí àwọn ìbéèrè wọ̀nyí nínú ohun èlò náà
Awọn Iwe Itọsọna Ti a Gba Nimọran
Ẹ̀kọ́ síwájú láti àwọn orísun ṣíṣí
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Abala ìwé ẹ̀kọ́
The Income Statement
How does the income statement report a firm’s profitability?
"Introduction to Business: The Income Statement" by OpenStax, OpenStax, Rice University, licensed under CC BY 4.0 (https://creativecommons.org/licenses/by/4.0/). Source: https://openstax.org/books/introduction-business/pages/14-5-the-income-statement. Access for free at https://openstax.org/books/introduction-business/pages/1-introduction
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Abala ìwé ẹ̀kọ́
The Balance Sheet
In what terms does the balance sheet describe the financial condition of an organization?
"Introduction to Business: The Balance Sheet" by OpenStax, OpenStax, Rice University, licensed under CC BY 4.0 (https://creativecommons.org/licenses/by/4.0/). Source: https://openstax.org/books/introduction-business/pages/14-4-the-balance-sheet. Access for free at https://openstax.org/books/introduction-business/pages/1-introduction
Àwọn àjọ mìíràn ló tẹ̀ wọ́n jáde lábẹ́ ìwé àṣẹ ṣíṣí, a sì dá wọn lọ́lá bí wọ́n ṣe béèrè. Àwọn ìjápọ̀ ń ṣí ojú òpó wọn.
Ṣe Adaṣe Awọn Ibeere Idanwo Adaṣe
Ṣe o fẹ ṣe adaṣe awọn ibeere idanwo adaṣe nipa Financial Documents? Ṣe igbasilẹ ohun elo Green Bridge CBT lati wọle si awọn ibeere idanwo adaṣe ati awọn ayẹwo adaṣe kikun fun koko-ọrọ yii.
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