Name: _______________________                      Date: ______________

Directions:  Determine the word defined or answer to each item below and place the answers in the boxes to the right. At the bottom, write the corresponding letter and number to reveal a secret message. 

Subject: Interpreting Data
Tlaonhoirz yssinaal											-									
Def: The comparison of dollar amount changes and percentage changes for the same items on a company’s financial statements for two or more periods.																5			13	

mprocaabiilyt														
Def: An accounting characteristic that refers to financial information that can be compared from one fiscal year to another or from one business to another.					6					9				

Rtcliarev yssinaal									-					 				
Def: The comparison of financial statements in which every dollar amount reported on a financial statement is also stated as a percentage of a base amount on the same statement.										8				10				

Sbae ryae					-					
Def: The year used for comparison in financial statement analysis.				4						

Ntrruce itoar								-						
Def: The relationship between a company’s current assets and its current liabilities; calculated by dividing the dollar amount of current assets by the dollar amount of current liabilities.						3						12		

Krniwog piaactl								-								
Def: The amount by which current assets exceed current liabilities.						7										

Kcuqi ariot						-						
Def: The relationship between a company’s short-term liquid (i.e. quick) assets and its current liabilities; calculated by dividing the company’s quick assets by its current liabilities.											2	

Momocn eszi ttaeemntss							-					-											
Def: Financial statements on which all items are reported as percentages of a key item on the statement.				1																		11	

					 -									
1	2	3	4	5		6	7	8	9	10	11	12	13	

Key: Interpreting Data

 Tlaonhoirz yssinaal	H	O	R	I	Z	O	N	T	A	L	-	A	N	A	L	Y	S	I	S	
Def: The comparison of dollar amount changes and percentage changes for the same items on a company’s financial statements for two or more periods.																5			13	

mprocaabiilyt	C	O	M	P	A	R	A	B	I	L	I	T	Y	
Def: An accounting characteristic that refers to financial information that can be compared from one fiscal year to another or from one business to another.
					6					9				

Rtcliarev yssinaal	V	E	R	T	I	C	L	E	-	A	N	A	L	 Y	S	I	S	
Def: The comparison of financial statements in which every dollar amount reported on a financial statement is also stated as a percentage of a base amount on the same statement.
										8				10				

Sbae ryae	B	A	S	E	-	Y	E	A	R	
Def: The year used for comparison in financial statement analysis.
				4						

Ntrruce itoar	C	U	R	R	E	N	T	-	R	A	T	I	O	
Def: The relationship between a company’s current assets and its current liabilities; calculated by dividing the dollar amount of current assets by the dollar amount of current liabilities.
						3						12		

Krniwog piaactl	W	O	R	K	I	N	G	-	C	A	P	I	T	A	L	
Def: The amount by which current assets exceed current liabilities.
						7										

Kcuqi ariot	Q	U	I	C	K	-	R	A	T	I	O	
Def: The relationship between a company’s short-term liquid (i.e. quick) assets and its current liabilities; calculated by dividing the company’s quick assets by its current liabilities.											2	

Momocn eszi ttaeemntss	C	O	M	M	O	N	-	S	I	Z	E	-	S	T	A	T	E	M	E	N	T	S	
Def: Financial statements on which all items are reported as percentages of a key item on the statement.				1																		11	

M	O	N	E	Y	-	A	N	A	L	Y	S	I	S	
1	2	3	4	5		6	7	8	9	10	11	12	13