Across
- 2. the capital needed for one company to acquire another or purchase a significant share of its assets
- 5. decisions a long-term growth strategy
- 8. The total value of a business
- 9. a system of managing, organizing, and maximizing value from objects or holdings.
- 13. Rules that accountants must follow when preparing financial statements
- 15. A financial summary that shows how much money the business has made or has lost; also called the profit-and-loss statement
- 16. a distribution of a company's earnings to eligible shareholders
- 18. the management of money and includes activities such as investing, borrowing, lending, budgeting, saving, and forecasting.
- 19. A financial statement that captures the financial condition of the business at that particular moment
Down
- 1. statement A summary of accounting information
- 3. Debts that the business
- 4. A financial summary with estimates as to when, where, and how much money will flow into and out of a
- 6. The amount an owner has invested in the business plus or minus profits and losses
- 7. a standard, 8-step process that tracks, records, and analyzes all financial activity and transactions within a business.
- 10. the system of recording and summarizing business and financial transactions and analyzing, verifying, and reporting the results
- 11. Anything of value that a business owns
- 12. The monies that a business spends; also called expenditures
- 14. An individual who has had specialized training in accounting
- 17. Money received by a business or an individual from outside sources