Business Orgs | Chapter 3

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Across
  1. 2. all the items, goods, merchandise, and materials held by a business for selling in the market to earn a profit
  2. 5. the money that you originally agreed to pay back.
  3. 10. distribution of cash or stock to a class of shareholders in a company.
  4. 12. an arrangement between two or more people to oversee business operations and share its profits and liabilities.
  5. 15. a business arrangement by which two or more individuals agree to share in all assets, profits, and financial and legal liabilities of a jointly-owned business.
  6. 16. - a financial statement that shows you the company's income and expenditures.
  7. 17. - security that represents ownership in a corporation
  8. 18. life a situation where a business closes if the owner dies, retires, or leaves for some other reason.
  9. 19. net balance of cash moving into and out of a business at a specific point in time.
  10. 23. a person, company, or institution that owns at least one share of a company's stock, known as equity
  11. 24. - a type of stock that offers different rights to shareholders than common stock
  12. 26. the state or right of owning a business or holding property.
Down
  1. 1. business owners are legally liable for any debt their business might accrue.
  2. 3. the legal authority to organize a business as a corporation
  3. 4. a legal entity that is separate and distinct from its owners
  4. 6. - An amalgamation or joining of two or more firms into an existing firm or to form a new firm.
  5. 7. someone who owns an unincorporated business by themself
  6. 8. - the amount an individual or business makes after deducting costs, allowances, and taxes.
  7. 9. - a measure of the amount of value an asset loses from influential factors affecting its market value.
  8. 11. - the price paid for the use of credit or money
  9. 13. - exists when two or more partners go into business together, but the limited partners are only liable up to their investment.
  10. 14. fixed-income instrument that represents a loan made by an investor to a borrower
  11. 20. security that represents the ownership of a fraction of a corporation.
  12. 21. the taxing of shareholder dividends after taxation as corporate earnings.
  13. 22. - a person, company, or institution that owns at least one share of a company's stock, known as equity
  14. 25. - the net balance of cash moving into and out of a business at a specific point in time.