Puzzle Week 10!

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Across
  1. 2. The function in a business that acquires funds for the firm and manages those funds within the firm.
  2. 5. A type of financing where funds are raised through various forms of borrowing that must be repaid.
  3. 9. Capital that is invested in new or emerging companies that are perceived as having great profit potential.
  4. 12. Major expenditures/investments in either tangible long-term assets such as land, buildings, and equipment or intangible assets such as patents, trademarks, and copyrights.
  5. 13. The practice of buying goods and services now and paying for them later.
  6. 14. A note or written agreement with a promise to pay a supplier a specific sum of money at a definite time.
  7. 15. Raising needed funds through borrowing to increase a firm’s rate of return.
Down
  1. 1. A given amount of unsecured short-term funds a bank will lend to a business, provided the funds are readily available.
  2. 3. A budget that estimates cash inflows and outflows during a particular period like a month or a quarter.
  3. 4. A loan that doesn’t require any collateral.
  4. 6. A type of financing where money is raised from within the firm, from operations or through the sale of ownership in the firm (stock or venture capital).
  5. 7. A loan backed by collateral (something valuable, such as property).
  6. 8. A financial plan that sets forth management’s expectations, and, on the basis of those expectations, allocates the use of specific resources throughout the firm.
  7. 10. The process of selling accounts receivable for cash.
  8. 11. The budget that ties together the firm’s other budgets and summarizes its proposed financial activities.