FIN-CROSS

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Across
  1. 6. Distribution of money to owners of an organization is called
  2. 7. Interest on interest is also called ___ interest
  3. 11. Exact point when a business's income equals its expenses
  4. 12. Indicator of how quickly an asset can be turned into cash for full market value
  5. 15. Intangible asset's cost is spread across time via
  6. 17. A new loan which helps to pay off an existing one
  7. 20. A document to a customer to request payment for a good or service received
Down
  1. 1. An intangible asset that represents the value of a business's reputation
  2. 2. It is an asset that is offered to the lender as security in lieu of a loan
  3. 3. Financing your business idea through donations of money from the public
  4. 4. Money that a business spends
  5. 5. The ability of a customer to obtain goods or services before payment
  6. 8. The difference between the selling price of a good or service and the profit
  7. 9. A failure to pay a loan or other debt obligation
  8. 10. A check by an auditor or tax official on your financial records
  9. 13. _____ cost is not part of producing a good or service
  10. 14. Limiting risk in financial assets is done through
  11. 16. Fixed costs associated with operating a business
  12. 18. A list of future financial transactions
  13. 19. Record now, Pay now or later system