Finance

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Across
  1. 3. This is the profit made from buying and selling stock.
  2. 4. The bank balance at the end of the month.
  3. 7. Cost of ________ means the amount spent on stock.
  4. 8. This is paid to the government out of profits.
  5. 12. Sales ___________ is the total income from sales.
  6. 14. Hire ________ is paying for new equipment or vehicle in instalments.
  7. 15. Cash going out of the business to pay costs.
  8. 16. A long term loan to buy property.
  9. 18. An agreement with a leasing company to pay monthly to use an asset.
Down
  1. 1. The cash _______ is a forecast of future cash inflows and outflows.
  2. 2. Money from the government which does not need repaid.
  3. 5. A lump sum borrowed from the bank and repaid with interest.
  4. 6. Costs involved in running the business eg wages.
  5. 9. An agreement with the bank to overspend the business account.
  6. 10. The ________ statement is the account produced at the end of the year to calculate profit.
  7. 11. ________ issue involves selling part ownership of the business in return for cash.
  8. 13. Profit for the _________ is the final profit after paying all costs.
  9. 17. Cash coming into the business eg from sales.