BASIC FINANCE AND BUDGET TERMS

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Across
  1. 3. Money or resources used to start or grow a business.
  2. 6. The difference between selling price and cost.
  3. 10. Ownership value after liabilities are subtracted from assets.
  4. 12. The gradual loss of value of an asset over time.
  5. 13. Point When revenue equals total costs.
  6. 14. A cost incurred to operate the business.
  7. 16. Total wages and salaries paid to employees.
  8. 17. A bill requesting payment for goods or services.
  9. 18. A plan outlining expected income and spending.
Down
  1. 1. Flow Movement of money in and out of a business.
  2. 2. How easily assets can be converted to cash.
  3. 4. — Money a business earns from sales or services.
  4. 5. A projection of future financial performance.
  5. 7. Anything of value owned by the business.
  6. 8. Goods or materials a business holds for sale or use.
  7. 9. A financial obligation or debt owed.
  8. 11. Ongoing business expenses not tied to production.
  9. 15. What remains when revenue exceeds expenses.