Chapter 5 Crossword
Across
- 6. a monthly instalment for the use of a machine, building etc., but ownership is never transferred to the business.
- 7. Capital that needs to generally be paid back with interest.
- 10. When a business expands its product offerings e.g. including a greater range of products
- 11. reflects the financial position of the business on a specific date
- 12. capital used to cover the day-to-day running of the business.
- 13. relates to the amount deposited and withdrawn from the current bank account of the business.
Down
- 1. Ratio used to make sure the business has enough cash to cover expenses
- 2. A facility that allows someone to spend more money than what is actually in their bank account.
- 3. measures the percentage of funds that have been borrowed from outside the business for long periods of time
- 4. show the sales and cost-of-sales figures and will be used to calculate the net profit of the business.
- 5. financial return or reward that entrepreneurs aim to achieve to reflect the risk that they take.
- 8. A source of fixed capital
- 9. land and buildings, vehicles and equipment would be categorised as __________