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