Across
- 5. A plan to acquire and finance long-term assets of a business
- 9. Goals that establish direction for the financial plans of a business
- 10. A projected financial statement for a specific future time period
- 12. The general increase in the price of all goods and services over time
- 14. A decline in the value of an asset as it ages
- 15. The amount paid for the privilege of borrowing money
- 16. The total value that all owners and investors have in the firm
- 18. Budget that projects all income and expenses for the operations of a business for a specific future time period
- 20. Those things that the business owes to others
- 21. Are all of the things a business owns and uses as a part of business operations
- 22. Statement provides a view of the financial changes in a business that have occurred during a specific period of time
- 23. Examining financial performance over several periods of time to determine patterns
Down
- 1. The cost of borrowing money, expressed as a percentage of the amount borrowed, usually over a period of one year
- 2. An asset promised by a business to a creditor if repayment of a loan isn’t completed
- 3. Differences between budgeted amounts and actual financial performance
- 4. The difference in purchasing power of an amount of money at a future date
- 6. Shows how cash is used by a business during a specified time period
- 7. An individual or an organization that provides funds to a business, with repayment of the funds and agreed-upon interest due at a future date
- 8. Identifies the assets, liabilities, and equity of a business as of a specific date
- 11. The amount to which an amount of money will grow in a defined period of time at a specified investment rate
- 13. The current value of an amount of money to be received at a future date based on a specified investment rate
- 17. Specific reports prepared according to accepted accounting standards that provide financial information about an enterprise
- 19. The amount of money borrowed