SOFP crossword

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Across
  1. 6. The movement of money into and out of a business.
  2. 7. A liquidity ratio calculated as current assets divided by current liabilities.
  3. 8. Abbreviation for Statement of Financial Position.
  4. 11. Long-term resources like land, property, and equipment.
  5. 12. The debts a business owes to others, like overdrafts or mortgages.
  6. 13. The money or assets invested into a business by its owners.
  7. 14. Debts that must be paid within one year, such as overdrafts or short-term loans.
  8. 16. A measure of how easily a business can meet short-term financial obligations.
  9. 17. Resources owned by a business, such as buildings, machinery, and cash.
  10. 18. Another name for the Statement of Financial Position.
Down
  1. 1. A stricter liquidity measure, calculated as (current assets - inventories) / current liabilities.
  2. 2. The difference between current assets and current liabilities.
  3. 3. Long-term debts such as mortgages or pensions.
  4. 4. The total net worth of a company, including retained earnings.
  5. 5. The financial gain when revenue exceeds expenses.
  6. 9. Assets expected to be converted into cash within 12 months, such as stock or debtors.
  7. 10. The owner's stake in the business, calculated as assets minus liabilities.
  8. 15. Income earned from business activities.