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