Busi 342 chapter 3 terms - Study guides, Class notes & Summaries
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BUSI 342 CHAPTER 3 TERMS |35 QUESTIONS AND ANSWERS
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Balance Sheet 
A financial statement reflecting the value of a firm's assets, liabilities, and net worth at a particular point in time 
 
 
 
Book Value 
The value of an item as recorded on financial statements 
 
 
 
Current Assets 
Assets such as accounts receivables and inventory that are expected to be converted into cash within one year 
 
 
 
Marketable Securities (Cash Equivalents) 
Short-term investments, usually with maturities of less than one year, that are available for sale 
 
 
 
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BUSI 342 CHAPTER 3 TERMS| 35 QUESTIONS AND ANSWERS.
- Exam (elaborations) • 4 pages • 2023
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BUSI 342 CHAPTER 3 TERMS| 35 QUESTIONS AND ANSWERS.
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