Business Studies revision

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Across
  1. 2. Revenue - expenses
  2. 3. (opening stock + purchases) - closing stock
  3. 5. what a business owes
  4. 8. how a business is funded
  5. 11. Net profit(before tax) - tax
  6. 14. All costs added together
  7. 15. Gross profit - expenses
  8. 16. Money in an account at the start of the month
  9. 17. Costs that are not linked to production
  10. 20. current assets - current liabilities
  11. 21. Turnover - cost of sales
Down
  1. 1. Fixed costs + Variable costs
  2. 4. Costs to set up a business
  3. 6. Opening balance +/- ne cash flow
  4. 7. Money in - money out
  5. 8. things a business owe that change regularly
  6. 9. Money in
  7. 10. what a business owns
  8. 12. Fixed costs divided by (sell price - variable costs
  9. 13. Costs that don't change with output
  10. 18. Costs that are linked to production
  11. 19. Costs that change with output