Financial Planning

3. rate the percentage rate of change of a price index over time
8. company owes
9. budget an estimate of the actual money received and paid out for a specific period
10. flow the total amount of money being transferred into and out of a business, especially as affecting liquidity.
11. the costs of operating a business
12. price index an index of the variation in prices paid by typical consumers for retail goods and other items.
15. statement to report the revenue, expenses, and net income or loss from operations for a specific period
18. deposit employer transfers net pay electronically into the employee's bank account
20. performance ratios comparisons of a company's financial elements that indicate how well the business is performing
21. sheet listed assets, liabilities, and owners equity for a specific date

1. loss loss resulting from failure of a debt to be paid
2. the selling of goods in large quantities to be retailed by others.
4. equity value of the owners investment in the business
5. differences between actual and budgeted performance
6. records used to record and analyze the financial performance of a business
7. the financial record of employee compensation, deductions, and net pay
13. budget plans income and expenses from the beginning of a new business or a major business expansion until it becomes profitable
14. budget describes the financial plan for ongoing operations of the business for a specific period
16. provides detailed plans for the financial needs of individuals, families, and businesses
17. all income a business receives over a period of time
19. an alternative plan that may be used in an emergency.
22. company owns