Across
- 2. net sales or revenues of the income statement
- 3. the 4 basic ______ principles are: diversify investments, invest on regular basis, reinvest in all earnings, and develop a habit of investing and establish a portfolio
- 6. longer term assets such as land, buildings, and equipment
- 7. six major terms are found on this(current assets, fixed assets, other assets, current liabilities, long term liabilities, and stockholders equity)
- 8. assets that could be converted into cash within a year
- 10. debts that a business owes to others
- 13. the 2 major parts of the ________ _________ section is the balance sheet and income statement
- 14. net income or net income after taxes
- 15. investing roughly equal amounts of money at regular intervals
- 16. the earnings/sales of a business from business activities
- 18. bills the company must pay
- 19. The amount due on notes(promissory notes or promises to pay) within the next 12 months
Down
- 1. payable taxes due on corporate income, but not yet paid
- 4. shows what the company owns(assets) and what it owes(liabilities) plus the shareholders' equity at a particular time
- 5. investing in different companies representing different industries to reduce the risk of your overall portfolio
- 9. yearly summary of the financial condition of a corporation that must be distributed to shareholders
- 11. reports that financial information over a specific period of time, indicating the financial progress of a business in earn a net income or net loss
- 12. he difference between assets and liabilities
- 17. the amounts of business pays to operate the business and earn the revenue
- 18. items of value the company owns(cash, equipment, and inventory)