Across
- 2. The purest and most basic form of corporate ownership
- 3. Income earned through the sale of a firm’s goods or services.
- 4. An intermediary that channels the savings of individuals, businesses, and governments into loans or investments.
- 6. Measures the proportion of total assets financed by the firm’s creditors.
- 10. The highest price offered to purchase a security.
- 13. The lowest price at which a security is offered for sale.
- 14. Groups such as employees, customers, suppliers, creditors, owners, and others who have a direct economic link to the firm.
- 16. Summary statement of the firm’s financial position at a given point in time.
- 18. A financial relationship created between suppliers and demanders of short-term funds.
- 19. Short-term assets, expected to be converted into cash within 1 year or less.
Down
- 1. Provides a financial summary of the firm’s operating results during a specified period.
- 2. An entity created by law.
- 5. A type of cross-sectional analysis in which the firm’s ratio values are compared with those of a key competitor or with a group of competitors that it wishes to emulate.
- 7. The science and art of managing money
- 8. A business owned by two or more people and operated for profit.
- 9. Periodic distributions of cash to the stockholders of a firm.
- 11. A market that enables suppliers and demanders of long-term funds to make transactions.
- 12. Long-term debt instrument used by business and government to raise large sums of money, generally from a diverse group of lenders.
- 15. The chance that actual outcomes may differ from those expected.
- 17. A firm’s ability to satisfy its short-term obligations as they come due.