SOFP crossword

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