INCOME STATEMENT - The financial statement that shows a company's revenues and expenses., DEPRECIATION - The term for a decrease in an asset's value over time., COST ALLOCATION - The process of systematically assigning costs to specific products or services, GOING CONCERN - The financial statement that shows changes in equity during a specific period., ACCOUNTS RECEIVABLE - The term for money owed by customers for goods or services provide, ACCRUED EXPENSE - The term for an expense that has been incurred but not yet paid., PROFITABILITY - The measure of a company's profitability., Liabilities - Financial obligations or debts owed by a company or individual., Equity - The ownership interest in a company, ROI - (abbreviation) - A measure of the profitability of an investment, calculated as the gain or loss relative to the initial investment.,
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