Corporate Finance Crossword Puzzle

2. a business owned by one person who operates it for his or her own profit
4. science and art of managing money
7. a business owned by two or more people and operated for profit
9. firm’s chief accountant, who is responsible for the firm’s accounting activities, such as corporate accounting, tax management, financial accounting, and cost accounting
10. lowest price at which a security is offered for sale
12. the process of pooling mortgages or other types of loans and then selling claims or securities against that pool in the secondary market
15. a variety of interesting career opportunities within the areas of banking, personal financial planning, investments, real estate, and insurance
16. firm’s chief financial manager, who manages the firm’s cash, oversees its pension plans, and manages key risks
18. duties of the financial manager in a business
19. a legal provision that limits stockholders’ liability for a corporation’s debt to the amount they initially invested in the firm by purchasing stock
20. actively manages the financial affairs of all types of businesses, whether private or public, large or small, profit seeking or nonprofit

1. highest price offered to purchase a security
3. owners of a corporation, whose ownership, or equity, takes the form of common stock or, less frequently, preferred stock
5. an entity created by law
6. groups such as employees, customers, suppliers, creditors, owners, and others who have a direct economic link to the firm
8. with the liabilities of the business being the entrepreneur’s responsibility, creditors can make claims against the entrepreneur’s personal assets if the business fails to pay its debts
11. periodic distributions of cash to the stockholders of a firm
13. the chance that actual outcomes may differ from those expected
14. the purest and most basic form of corporate ownership
17. the amount by which the sale price of an asset exceeds the asset’s purchase price