Review of Unit 3: Business Finance
Across
- 5. The total income generated by a business from selling goods or services before expenses are deducted.
- 7. A profitability ratio calculated by dividing operating profit by revenue and multiplying by 100, indicating the percentage of revenue retained after operating expenses.
- 8. The amount added to the cost of goods to determine the selling price, calculated as profit per item divided by cost per item, multiplied by 100.
- 10. Expenses that change in direct proportion to the volume of production or sales, like raw materials.
- 11. A liquidity measure calculated by dividing current assets by current liabilities, assessing a company's ability to pay short-term obligations.
- 12. The financial gain obtained when revenue exceeds the total costs of running a business.
- 14. The complete expense of producing goods or services, including both fixed and variable costs.
- 15. The movement of money in and out of a business, tracking income and expenses over a specific period.
- 16. The monetary resources needed by a business to fund its operations, start-up, expansion, or day-to-day activities.
- 17. The level of output where total revenues exactly equal total costs, meaning the business makes neither a profit nor a loss.
- 18. Funds raised by a company through selling shares to investors, representing ownership in the business.
- 19. Funds obtained from outside the business, including bank loans, overdrafts, venture capital, or share capital.
Down
- 1. The portion of net profit kept within the business after dividends are paid, used for reinvestment or future expansion.
- 2. A stricter liquidity measure calculated by subtracting inventory from current assets and dividing by current liabilities.
- 3. Expenses that remain constant regardless of the level of production or sales, such as rent or salaries.
- 4. A profitability ratio calculated by dividing gross profit by revenue and multiplying by 100, showing the percentage of revenue retained after direct costs.
- 6. A method of raising external finance where a business seeks small amounts of money from a large number of people, typically via online platforms, to support a project or venture.
- 9. Funds generated from within the business, such as personal savings, retained profits, or selling assets.
- 10. Investment provided by firms or individuals to startup or emerging businesses with high growth potential.
- 13. A short-term borrowing facility where a business can withdraw more money than its account balance, usually with interest.