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