Business Studies

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Across
  1. 3. A financial obligation or debt owed by the business
  2. 4. A business structure with 2–20 owners sharing profit and liability
  3. 9. Goods held by a business for the purpose of sale
  4. 11. A non-cash expense that reduces the value of a long-term asset over time
  5. 12. The output level where total revenue equals total costs
  6. 13. A business or person to whom money is owed
  7. 15. The owner's financial stake in the business
Down
  1. 1. The ability to pay short-term debts as they fall due
  2. 2. A specific, measurable target a business aims to achieve
  3. 5. Total income earned from sales before any deductions
  4. 6. The ability of a business to pay ALL debts in the long term
  5. 7. A financial plan estimating future income and expenses
  6. 8. A type of cost that changes with the level of production or sales
  7. 10. The movement of money into and out of a business
  8. 14. A business or person who owes money to the business