Across
- 3. The formula for this term is fixed costs/contribution per unit.
- 6. Something a business owns that is of value and will be used/turned to cash within a year.
- 7. A person/organisation that has a vested interest in or is affected by the business operations e.g. shareholder, employee, shareholder, banks
- 9. The statement of __________ identifies a businesses assets and liabilities and specifies the capital (equity) used to fund the business operations.
- 11. A short term source of funding based on an agreement with the bank where the company can spend more than what it has in its account.
- 12. The goods that a business aims to sell. Also known as trading stock.
Down
- 1. The total after cost of sales is deducted from revenue.
- 2. Refers to the businesses ability to pay off its short term debts
- 4. ________ do not change based on a change in production e.g. rent
- 5. ________ forecast records the total money that flows into and out of the business for a certain period.
- 8. Statement of comprehensive ________ is a financial statement that records the income and costs of a business incurred over a period of time
- 10. A ______ liability refers to a debt the business has that is expected to be paid over 12 months.