Across
- 4. _______is used to buy non-current assets of the company.
- 5. Having cash to pay obligations when they come due.
- 8. This current asset is not included when calculating the quick ratio.
- 11. Because of seasonal fluctuations, it is best to use the _____________ amounts of the receivables throughout the year when calculating the receivables turnover ratio.
- 12. Prepaid expenses are reported on the financial statements as a current __________ until they are used up
- 13. The inventory turnover calculation is most accurate when the ______ of goods sold is divided by the average inventory.
- 14. A company's liquidity can be affected by the credit _________ offered by its vendors
- 16. The most liquid asset.
Down
- 1. A company with _____ working capital may face Inability to pay short-term obligations.
- 2. Changes in the amounts of most of the working capital accounts are usually shown in the ______________ activities section of the cash flow statement.
- 3. Deferred revenues are reported on the balance sheet as a current ___________ until they are earned.
- 6. a reduction in the value of an asset over time, due in particular to wear and tear
- 7. The current ratio is calculated by ______________ the amount of current assets by the amount of current liabilities.
- 9. The primary source of working capital in a growing company typically comes from_______
- 10. The amount of a company's ___________ liabilities are used in the calculation of the current ratio.
- 15. The time it takes for a retailer's cash that was used to purchase inventory to return to cash is the operating ________.