Across
- 4. The ability of a business to pay its short term debts as they fall due
- 7. buy now pay later
- 9. when a business defaults on repayments on fixed interest loans
- 11. A person or business who the firm owes money to
- 12. also known as the quick ratio
Down
- 1. the total investment made by the ordinary shareholders
- 2. A person or business who owes the firm money
- 3. The share of profits given to shareholders
- 4. when a business sells it assets to try and pay off debts
- 5. items of value that a business owns in the short and long term
- 6. When total debts are greater than total assets and is unable to pay
- 8. also known as the debt to equity ratio
- 10. the ability to pay all its debts as the fall due