Business & Finance

3. individuals or entities that are owed money
4. Costs that don't vary with output
6. The ability of a company to meet its long-term financial obligations and continue its operations. It indicates the company's financial stability.
9. individuals or entities that owe money to another individual or entity
11. a plan for future income and expenses
12. total assets - total liabilities = owners ______
13. the cost of an asset over its useful life
15. predicting the future based on historical and current results
17. the value of a fixed asset after depreciation is its _____ value
18. materials or goods that are considered a portion of a businesses assets

1. Assets that are used for the long-term are referred to as ____ assets
2. refers to a businesses ability to convert its short term assets into cash
5. Total revenue - total ___ = profit
7. Assets that can be converted into cash within a year
8. an asset that has no physical form
9. a distribution of profits to shareholders
10. this ratio measures the extent to which current liabilities can be payed off
14. capital that is used to fund the day-to-day operations is referred to as ______ capital
16. a resource owned by a company