Across
- 1. A debt or obligation of the company
- 4. Asset type that is difficult to convert into cash quickly
- 5. type of account where money customers owe to the business
- 8. a real estate loan
- 11. growth by acquiring similar businesses
- 13. strategy to sell, close, or transition out of a business is called
- 14. economic resources owned by a business that have value
- 16. type of account where the business owes its suppliers or distributors
Down
- 2. Converting assets into cash
- 3. assets used by a business over time, like buildings and equipment
- 6. Finished goods available for sale
- 7. tracking and reporting financial transactions
- 9. an example of a fixed asset
- 10. An asset that can be quickly converted into cash
- 12. Growth by acquiring suppliers or distributors
- 15. the cost of running a business