Financial Management

2. cash flows related to purchases and sales of assets
4. a statement showing profits, losses, expenses and income
7. items of value to the business that have a monetary value
10. costs of the business
11. complete the formula: Assets = ? + owner's equity
16. an activity related to the main trading activities of the business
17. an asset that is to be used up within a year is called a ____________ asset
18. cash that moves out of the business is a cash __________

1. related to buying and paying of debts and finance
3. things of worth that have no physical substance
5. value of stock the business has at the beginning of the year is __________ stock
6. are accounts for money that needs to be paid to the business for goods or services sold
8. value of stock the business has at the end of the year is ___________ stock
9. income made from sales of goods and services
12. cash that moves into a business is called a cash _________
13. accounts that the business needs to pay are accounts ____________
14. sheet, this report shows the value of assets, liabilities and owner's equity at a point in time
15. a statement that shows the movement of cash payments and receipts