Review - Finance

123456789101112131415161718192021222324252627282930313233343536373839
Across
  1. 3. The intangible value that exists when a business is worth more than its identifiable net assets
  2. 5. Manipulating financial information legally to make a business appear more successful
  3. 7. A cost that can be clearly linked to the production of a particular good or service
  4. 11. The value of an asset recorded in the balance sheet after accumulated depreciation
  5. 13. Paying to use an asset without purchasing and owning it
  6. 14. A depreciation method that reduces an asset's value by the same amount each year
  7. 16. Long-term items used repeatedly by a business to generate revenue
  8. 21. Sales revenue remaining after the cost of goods sold has been deducted
  9. 23. Suppliers to whom a business owes money for credit purchases
  10. 24. The first sale of a company's shares to the general public on a stock exchange
  11. 26. A cost that does not change when the level of output changes
  12. 27. A financial statement showing a firm's assets, liabilities and equity at a particular date
  13. 28. Medium- or long-term borrowing that must be repaid with interest
  14. 29. Spending on long-term assets such as machinery, property and equipment
  15. 31. A depreciation method based on the asset's actual output or usage
  16. 32. The money received from selling goods and services
  17. 35. Part of a company's profit distributed to its shareholders
  18. 36. An entrepreneur's own savings invested in a business
  19. 37. Customers who have purchased on credit and still owe the business money
  20. 38. The estimated amount an asset will be worth at the end of its useful life
  21. 39. Raising finance by disposing of unwanted or unused business property and equipment
Down
  1. 1. The direct cost of producing or purchasing the products sold to customers
  2. 2. Small loans and financial services provided to people unable to access traditional banking
  3. 4. A long-term loan issued by a business without giving the lender ownership rights
  4. 6. Spending on the everyday running of a business, including rent, wages and materials
  5. 8. An operating expense that cannot be linked directly to one unit of production
  6. 9. A flexible short-term borrowing facility that allows a bank account to fall below zero
  7. 10. Valuable non-physical resources such as patents, copyrights and brand names
  8. 12. Earnings kept by a business after tax and dividends have been paid
  9. 15. The sum of all fixed and variable costs
  10. 17. A wealthy individual who invests personal money and expertise in a new or growing business
  11. 18. The reduction in the value of a non-current asset because of use, age or obsolescence
  12. 19. Funds generated from within the business rather than obtained from outside organizations
  13. 20. A financial statement recording a firm's revenues, costs and profits over a period
  14. 22. An asset offered as security to a lender when borrowing money
  15. 25. Finance raised by a limited company through selling ownership units
  16. 29. Raising small amounts of finance from many individuals, usually through an online platform
  17. 30. An arrangement allowing a business to receive supplies now and pay the supplier later
  18. 33. A cost that changes directly as the level of output changes
  19. 34. The value remaining when total liabilities are deducted from total assets