2.03_FI91 Vocab Review

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Across
  1. 2. Financially sound enough to obtain products or money based on a promise to pay later
  2. 3. Legal protection of an invention or a process granted by government to its owners for a certain number of years
  3. 5. Money payments for the use of borrowed money
  4. 7. The situation that exists when more money flows into a business than flows out
  5. 9. All of the expenses involved in running a business
  6. 11. A document that grants permission to operate a business
  7. 12. A document that grants permission to do something
  8. 13. Advantages or payments employees receive in addition to their wages
  9. 15. All monies owed to a firm by its customers
  10. 19. Money lent to individuals or businesses in exchange for the promise of repayment plus interest
  11. 21. Monies spent to make the public aware of products or services
  12. 22. Income statement
  13. 23. The money that a business spends
  14. 24. The amount an owner has invested in the business, plus or minus profits and losses
  15. 25. The amount of money a business pays for the products it will sell
Down
  1. 1. Business costs that are not affected by changes in sales volume
  2. 4. The money that a business collects
  3. 6. A financial summary with estimates as to when, where, and how much money will flow into and out of a business
  4. 8. The amount of money a business has available at the beginning of each month
  5. 10. The movement of funds into and out of a business
  6. 14. The sum of money paid to employees in a given period
  7. 16. Those who invest their funds in a business;
  8. 17. The amount of cash a business has left at the end of the month
  9. 18. The direction in which a particular industry is moving
  10. 20. Anything of value that a business owns