Chapter 5
Across
- 1. / items company owns
- 5. / earning of a business from business activities
- 8. / Line net sales or revenues
- 9. / debts a business owes to others
- 11. sheet / shows what company owes and what it owes plus the shareholders equity
- 12. statement / reports financial info over period of time, indicating financial progress of a business in earning a net income or a net loss
- 16. / Includes raw materials inventories and finished product inventories
- 17. / Line net income after taxes
- 18. expenses / expenses already incurred
- 19. taxes / payable taxes due on corporate income
- 20. companies / sales over $5 billion
Down
- 2. / amount business pays to operate the business
- 3. receivable / dollars owed to corperation
- 4. / investing in different companies representing different industries
- 6. report / yearly record summarizing financial condition of a corporation that must be distributed to shareholders
- 7. cost averaging / investing roughly equal amounts of money at regular intervals
- 10. payable / Bills the company must pay
- 13. companies / sales between $500 million and $5 billion
- 14. / Payable The amount due on notes
- 15. companies / sales under $500 million