Accounting 1 (ACCT101) – Chapter 15 Vocab (11 Terms) | Financial Ratios, Liabilities, Stockholder’s Equity

This document offers 11 expertly defined vocabulary terms from Chapter 15 of Accounting 1 (ACCT101), focusing on essential financial reporting and analysis terminology. It includes definitions for key accounting concepts such as cost of merchandise sold, current and long-term liabilities, earnings per share, financial and price-earnings ratios, gross profit, par value, and components of stockholder’s equity. The definitions are structured to enhance clarity and retention for students at various levels. This resource is especially useful for learners in: Introductory Financial Accounting Business and Management Studies Finance and Investment Analysis Economics Pre-MBA Accounting Modules High School Accounting (AP or Dual Enrollment) Perfect for exam prep, coursework reinforcement, and quick review, this vocabulary list supports comprehension of key topics in corporate financial analysis and reporting. Whether you're new to accounting or reviewing concepts, this glossary offers a compact, effective learning tool. Keywords: cost of merchandise sold, current liabilities, earnings per share, financial ratio, gross profit, long-term liabilities, net sales, par value, price-earnings ratio, stockholder’s equity, supporting schedule