CH21 Financial Management

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Across
  1. 2. a measure of the relationship between short-term liquid assets, which include cash and accounts receivable, and current liabilities
  2. 3. a formal, written statement of expected revenue and expenses for a future period of time
  3. 6. agencies that collect and sell information on how promptly people and businesses pay their bills
  4. 7. To watch closely and frequently; to observe and make note
  5. 8. the measurement of the percentage of total dollars in a business that is provided by creditors
  6. 9. the capital available to a business to carry out its daily operations
  7. 12. numerical data
  8. 14. an amount or quantity of something
  9. 15. a financial statement with financial data from two accounting periods used as an analysis tool by a business owner
  10. 17. long-term commitments of large sums of money to buy new equipment or replace old equipment
Down
  1. 1. business expenses that do not change with number of units produced, such as insurance and rent
  2. 4. the relationship between each expense and total sales as reported on the income statement
  3. 5. on sales ratio the number of cents left from each dollar of sales after expenses and income taxes are paid
  4. 10. business expenses that change with each unit of product produced, such as supplies, wages, and production materials
  5. 11. the comparison of two or more amounts on a financial statement and the evaluation of the relationship between these two amounts
  6. 13. the comparison of current assents (cash or other items that can be converted to cash quickly) and current liabilities (debts due within a year), used to indicate the ability of a business to pay its bills
  7. 16. A comparison of two quantities by division