Across
- 6. Distribution of money to owners of an organization is called
- 7. Interest on interest is also called ___ interest
- 11. Exact point when a business's income equals its expenses
- 12. Indicator of how quickly an asset can be turned into cash for full market value
- 15. Intangible asset's cost is spread across time via
- 17. A new loan which helps to pay off an existing one
- 20. A document to a customer to request payment for a good or service received
Down
- 1. An intangible asset that represents the value of a business's reputation
- 2. It is an asset that is offered to the lender as security in lieu of a loan
- 3. Financing your business idea through donations of money from the public
- 4. Money that a business spends
- 5. The ability of a customer to obtain goods or services before payment
- 8. The difference between the selling price of a good or service and the profit
- 9. A failure to pay a loan or other debt obligation
- 10. A check by an auditor or tax official on your financial records
- 13. _____ cost is not part of producing a good or service
- 14. Limiting risk in financial assets is done through
- 16. Fixed costs associated with operating a business
- 18. A list of future financial transactions
- 19. Record now, Pay now or later system