Across
- 2. Creditors’ claims on a firm, which are the financial obligations of the business
- 6. A financial statement which is a summary of the cash inflows (sources) and cash outflows (uses) during a specified accounting period
- 7. Legal structure where the owners are only liable for the amount of money they have put into the company
- 9. Value today of a savings amount or investment
- 11. An interest earned only on the investment’s principal
- 12. A statement of a company’s financial position as of a particular date, usually at the end of a quarter or year
- 13. Process in which the firms distributes additional shares for every share owned
- 14. Fixed series of payments made at equal intervals over a set period of time
- 16. An equity security that represents ownership shares in a corporation
- 18. Value of a savings amount or an investment at a specified time or date in the future
- 19. Increase in a currency’s value
Down
- 1. A legal entity created under the law with an unending life and limited financial liability to its owners
- 3. A financial statement which reports the revenues generated and expenses incurred by the firm over an accounting period
- 4. An equity security that has a preference, or senior claim over common stock
- 5. A form of business organization that exists when two or more persons own a business operated for profit
- 8. The standard by which currencies of major countries are convertible into gold at fixed exchange rates
- 10. A system in which individual currencies would be tied to gold through the U.S. dollar via fixed, or pegged
- 15. An interest involves earning interest on interest in addition to interest on the principal
- 17. Decrease in a currency’s value