Across
- 2. The amount borrowed isknown as the
- 4. the funds left over after all of the firm’s expenses
- 7. a report showing a business’s sales, expenses, net income, and cash flows for a period of time
- 8. partnership at least one partner is not active in the daily running of the business
- 9. a business owned and run by a single individual. Because proprietorships are basically one-person operations
- 11. a later date
- 12. While the money is borrowed, the corporation pays
- 15. When companies involved in different stages of manufacturing or marketing join together
- 16. companies involved in different stages of manufacturing or marketing join together
- 19. takes place when firms that produce the same kind of product join force
- 20. most common form of partnership
- 23. or ownership certificates in the firm
- 25. by two or more persons
- 26. a form of business organization recognized by law as a separate legal entity with all the rights of an individual
- 27. represents basic ownership of a corporation
Down
- 1. written promise to repay the amount borrowed
- 3. a business that is jointly
- 5. a firm that has at least four businesses
- 6. the main disadvantage of a proprietorship is that the owner of the business has
- 10. check that transfers a portion of the corporate earnings
- 13. shares are sold to investors
- 14. a government document that gives permission to create a corporation
- 17. a corporation that has manufacturing or service operations in a number of different countries
- 18. represents nonvotingownership shares of the corporation
- 21. goods and parts in reserve
- 22. sum of net income and noncash charges
- 24. a noncash charge the firm takes for the general wear and tear on its capital goods.