Chapter 3 Flashcards

1
Q
A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Financial Gearing

A

the ratio between borrowing and equity

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

What is window dressing?

A

Delaying supplier payments at year end to make the cash position in the financial statement look more favourable

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q
A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly