financial planning clark

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Across
  1. 2. Let’s say your class is running the concession stand for all thehigh-school basketball games this year.
  2. 4. buying
  3. 5. is the process of gath-ering,recording, organizing, and reporting financial data.
  4. 9. Most businesses want to grow
  5. 11. relevant i appropriate to the situation at hand.”
  6. 14. the business enters into have acceptable prices and pay-ment terms
  7. 15. Managers use updated financial information to monitor regular business operationsand to assess how well their strategies are working
Down
  1. 1. If you look at your bank statement, you might see you’ve spent quite a bit of money eating out with your friends over the past month
  2. 3. the difference between what they expected to happen and whats actually happening. Let’s look at an example:
  3. 6. Many businesses carry some debt, and that’s OKas long as they manage it properly.
  4. 7. balance sheet (a snapshot of the business’s assets and liabili-ties)and an income statement (a record of the business’s financial performanceover a certain period of time).
  5. 8. is any record or data related to an individual’s or busi-ness’s financial activities.
  6. 10. Neutral means impartial or unbiased
  7. 12. (ability to yield a financial gain) is where managers want it to be.
  8. 13. From time to time, businesses make big pur-chases—buildings, equipment, vehicles, etc.