accounting бухгалтерский учет
record документ, запись, протокол
to record записывать, регистрировать
to measure измерять
transaction сделка, банковская
операция
firm's financial condition финансовое положение фирмы
to provide data обеспечивать данными
creditor кредитор
independent независимый
income statement отчет о доходах
balance sheet балансовый отчет
to receive получать
to spend тратить
ratio analysis анализ коэффициентов
profitability прибыльность
Return on Investment Ratio коэффициент возвращения инвестиций
efficiency эффективность, производительность
to evaluate оценивать
value ценность, стоимость
ownership собственность
overall financial structure полная финансовая структура
Comprehension Questions
1. What is the purpose of accounting?
2. Who uses the data provided by accounting firms?
3. What are the two types of records which most businesses prepare?
4. What can you know analyzing the income statement and balance sheet of a company?
5. What is the purpose of the ratio analysis?
6. What categories of ratios in finance do you know?
Vocabulary Practice
Exercise 1. Choose the necessary word and put it in the sentence.
1. An accounting helps... the activity |
of a business |1 to profit
2. Do you know the effect of your last.. |
on financial condition of the firm? |2 profit
3. Accounting records provide … for |
stock-holders, independent analysts. |3 efficiency
4. The second type of ratio helps the |
company its current financial position. |4 ownership
5..L is one' the two main records which |
most of the businesses prepare regularly. |5 to evaluate
6. The….of the company includes real |
estate in California |6 transaction
7. I am sure of the … of this transaction. |7 data
8. Our company's current... is very high. |8 income
9. They. .. from the association with that |
corporation. |9 to measure