Across
- 2. the reduction in value of an asset over time due to wear and tear or obsolescence
- 6. revenue minus expenses
- 7. the general increase in prices and fall in the purchasing value of money over time
- 10. the amount a company owes as a debt or obligation
- 14. a formal record of a business’s financial activities — including income, expenses, and profits
- 16. the combination of two companies into one, often to gain market share or cut costs
- 17. an examination of a company’s accounts and records to ensure that financial statements are accurate and that it is performing as expected
Down
- 1. to receive money from someone or an institution with the obligation to pay it back, often with interest
- 3. the gain or loss generated on an investment relative to its cost
- 4. the movement of money into and out of a business — essentially its financial heartbeat
- 5. a summary of a company’s finances, including all assets, revenue, and liabilities
- 8. when one company buys another to expand its operations, products, or influence
- 9. the percentage charged on borrowed money or earned on savings or investments
- 11. the value of a company, by calculating the difference between its assets and liabilities
- 12. the money from sales a company receives from its normal business activities, before expenses
- 13. money or assets used to start or grow a business or make investments
- 15. anything that is owned or controlled by a company that generates money