Across
- 3. costs directly linked to the production of products
- 6. total revenue - total costs
- 7. a cost that does not change with output
- 8. an example of this would be a mortgage or a bank loan
- 10. price per unit x units sold
Down
- 1. the money a business needs to trade day to day
- 2. things that a business OWNS, yet cannot be turned into cash within a year e.g machinery
- 4. things that can easily be turned into cash
- 5. things that a business OWES
- 9. an example of a current liability