Liquidity

5. Money put into a business by the owners. (7)
6. Total assets - total liabilities. (3,6)
7. The ease with which assets can be converted into cash. (9)
8. Money owed by the business to banks and suppliers. (11)
11. Stocks, such as raw materials and finished goods held by a business. (11)
13. Long term resources that will be used by the business repeatedly over time. (3,7,6)
14. Non-physical assets, such as brand names, patents and customer lists. (10,6)

1. Liquid assets, i.e. those assets that will be converted into cash in one year. (7,6)
2. Assesses whether or not a business has enough resources to meet its debts that arise in the next 12 months. Divide current liabilities into current assets. (7,5)
3. The funds left over to meet the day-to-day expenses after current debts have been paid. Current assets - current liabilities. (7,7)
4. Money owed by the business that must be repaid within one year. (7,11)
9. The amount of money owed by the business to the shareholders (12,6)
10. Resources belonging to a business. (6)
12. Excludes stocks from current assets. A more sever test of liquidity. (4,4,5)