Across
- 3. Sources of finance that come from within the business.
- 5. A method of buying an asset by paying in instalments over time, with ownership gained after the final payment. (4,8)
- 6. The expenses involved in running a business.
- 9. An agreement to buy goods now and pay for them later. (5,6)
- 11. Costs that change as output increases or decreases.
- 12. The percentage of revenue remaining after deducting cost of sales.
- 13. A financial obligation or debt owed by a business.
- 16. Sources of finance that come from outside the business.
- 21. Money used to start, run or grow a business.
- 22. A flexible borrowing facility allowing a business to spend more than it has.
- 23. Money coming into the business from sales or other sources.
- 25. Costs that do not change with output.
- 28. Money borrowed that must be repaid with interest.
- 29. The amount of cash at the end of a period.
- 30. The total income received from selling goods or services.
Down
- 1. The difference between actual output and break-even output. (6,2,6)
- 2. The difference between inflows and outflows.
- 4. A resource owned by a business that has economic value.
- 7. Money leaving the business to pay expenses.
- 8. Money set aside by owners to invest in the business.
- 10. The movement of money into and out of a business over time. (4,4)
- 13. Renting equipment or assets instead of buying them.
- 14. The level of output where total revenue equals total costs. (5,4)
- 15. Profit kept in the business rather than paid out to owners.
- 17. The financial shortfall when costs exceed revenue.
- 18. The percentage of revenue remaining after all costs have been deducted.
- 19. The average annual profit from an investment expressed as a percentage of the initial cost.
- 20. The financial gain made when revenue exceeds costs.
- 24. The amount of cash at the start of a period.
- 26. Spending money on a project or asset with the expectation of future returns.
- 27. The sum of all fixed and variable costs. (5,5)