Section 4 crossword

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Across
  1. 3. Regular ongoing costs such as rent and utilities
  2. 4. The percentage of profit compared to total sales
  3. 5. The total amount charged to customers for services and repairs
  4. 8. Money left after all expenses are subtracted from income
  5. 11. Money spent on parts and labor to complete a repair
  6. 14. Money owed by the business to others
  7. 16. The difference between selling price and cost
  8. 17. The cost of running a business
  9. 19. The price charged for labor per hour
  10. 20. Costs that change based on business activity
  11. 22. Total money earned by a business before expenses
  12. 23. The amount of money coming into a business
Down
  1. 1. Income generated specifically from labor charges
  2. 2. Profit remaining after all expenses including taxes
  3. 6. The process of tracking income and expenses
  4. 7. Profit calculated before expenses are deducted
  5. 8. Income generated from selling parts
  6. 9. The amount of money going out of a business
  7. 10. The difference between revenue and cost of goods sold
  8. 12. A reduction in price given to customers
  9. 13. The percentage added to cost to determine selling price
  10. 15. A financial statement showing income and expenses over a period
  11. 18. The point where total income equals total expenses
  12. 21. Items of value owned by a business