Finance Crossword

5. a summary at a point in time of business assets, liabilities and capital.
8. The ability of an asset to be converted into cash.
9. Also known as working capital. Current assets minus current liabilities.
12. The income earned by the business over a period of time.
14. The relationship between the loan finance and total capital employed in a business.
15. The price an individual or business pays for borrowing money.
16. Expenses that must be met when setting up and running a business.
17. Resources used or owned by the business in production.
18. Debts of the business, in other words, what the business owes to others.
20. The money a firm receives from selling its output. Calculated by price times quantity.

1. The total at the bottom of the first part of the balance sheet. It is the value of all assets less the value of all liabilities.
2. A payment made by a business to its shareholders, as a distribution of profits.
3. A source of funds provided by the owners of the business, used to buy assets.
4. Owners who have invested money into the business.
6. An accounting procedure which checks thoroughly the accuracy of a company's accounts.
7. The money taken from the business by the owners for personal use.
10. Assets likely to be changed into cash within a year.
11. Owners who have invested money into the business.
13. The pattern of income and expenditure experienced by a business over a period of time.
19. A plan that shows how much money a business expects to spend or receive in a specific period.