Across
- 3. The intangible value that exists when a business is worth more than its identifiable net assets
- 5. Manipulating financial information legally to make a business appear more successful
- 7. A cost that can be clearly linked to the production of a particular good or service
- 11. The value of an asset recorded in the balance sheet after accumulated depreciation
- 13. Paying to use an asset without purchasing and owning it
- 14. A depreciation method that reduces an asset's value by the same amount each year
- 16. Long-term items used repeatedly by a business to generate revenue
- 21. Sales revenue remaining after the cost of goods sold has been deducted
- 23. Suppliers to whom a business owes money for credit purchases
- 24. The first sale of a company's shares to the general public on a stock exchange
- 26. A cost that does not change when the level of output changes
- 27. A financial statement showing a firm's assets, liabilities and equity at a particular date
- 28. Medium- or long-term borrowing that must be repaid with interest
- 29. Spending on long-term assets such as machinery, property and equipment
- 31. A depreciation method based on the asset's actual output or usage
- 32. The money received from selling goods and services
- 35. Part of a company's profit distributed to its shareholders
- 36. An entrepreneur's own savings invested in a business
- 37. Customers who have purchased on credit and still owe the business money
- 38. The estimated amount an asset will be worth at the end of its useful life
- 39. Raising finance by disposing of unwanted or unused business property and equipment
Down
- 1. The direct cost of producing or purchasing the products sold to customers
- 2. Small loans and financial services provided to people unable to access traditional banking
- 4. A long-term loan issued by a business without giving the lender ownership rights
- 6. Spending on the everyday running of a business, including rent, wages and materials
- 8. An operating expense that cannot be linked directly to one unit of production
- 9. A flexible short-term borrowing facility that allows a bank account to fall below zero
- 10. Valuable non-physical resources such as patents, copyrights and brand names
- 12. Earnings kept by a business after tax and dividends have been paid
- 15. The sum of all fixed and variable costs
- 17. A wealthy individual who invests personal money and expertise in a new or growing business
- 18. The reduction in the value of a non-current asset because of use, age or obsolescence
- 19. Funds generated from within the business rather than obtained from outside organizations
- 20. A financial statement recording a firm's revenues, costs and profits over a period
- 22. An asset offered as security to a lender when borrowing money
- 25. Finance raised by a limited company through selling ownership units
- 29. Raising small amounts of finance from many individuals, usually through an online platform
- 30. An arrangement allowing a business to receive supplies now and pay the supplier later
- 33. A cost that changes directly as the level of output changes
- 34. The value remaining when total liabilities are deducted from total assets