Financial Terminology

Edit Answers
12345678910111213141516171819
Across
  1. 5. Opening stock + purchases − closing stock = ?
  2. 7. Company resources with monetary value
  3. 10. A report showing company assets, liabilities, and equity
  4. 14. Net profit divided by investment.
  5. 16. Profit after deducting cost of goods sold from sales
  6. 17. A measure of how efficiently assets generate sales
  7. 18. The P&L account is also called the ____________ statement
  8. 19. The apportioning of the cost of an asset over time
Down
  1. 1. A cost that does not vary with sales or production
  2. 2. Net profit is total profit after all ________
  3. 3. A forecast of expected income and expenses
  4. 4. What shows the business’s cash activity over a period
  5. 6. Cash moving in and out of the business
  6. 8. Cost that varies with sales or production volume
  7. 9. Money owed that’s due in the short term.
  8. 11. Goods and materials expected to convert to cash in 12 months
  9. 12. Payment made to shareholders from profits
  10. 13. Assets − Liabilities = ________ Capital.
  11. 15. Business expense not tied to a specific activity