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KIN 3804 Sports Finance Final Exam Review With Questions And 100% SURE ANSWERS
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JACKLINEKIN 3804 Sports Finance Final Exam Review With Questions And 100% SURE
ANSWERS
Terms in this set (140)
- Current financial "snapshot"
- Left-hand: Assets
Balance Sheet
- Right-hand: Liabilities, Equity
- ASSETS = LIABILITIES + EQUITY
Net what is being subtracted; took something out of the original amount
- Profit or loss earned over a period
- Periods between "snapshots"
- Statements are divided into parts
Income Statement
**Operating revenues, expenses
**Non-operating revenues, expenses
- INCOME = REVENUES - EXPENSES
Changes in cash status over time
- Operating activities (heart of the business)
Statement of Cash Flows
- Investing activities
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