Across
- 3. Spreading the cost of an asset over its useful life.
- 4. Gross profit - Expenses
- 7. Net Profit ÷ Revenue x 100
- 13. A document that shows if a business has made a profit or a loss.
- 16. An alternative word for stock.
- 17. Gross profit ÷ Revenue x 100
- 18. Costs that are not directly linked to production.
Down
- 1. The amount of stock a business has left at the end of the year.
- 2. The amount of stock a business has at the start of the year.
- 5. The amount of stock a business buys during the year.
- 6. Another name for expenses
- 8. The amount a business charges customers.
- 9. costs that are directly linked to production (Opening inventories + purchases – closing inventories).
- 10. The number of products sold or services provided.
- 11. Revenue – Cost of goods sold
- 12. Sales x price
- 14. A compulsory contribution to government spending.
- 15. another name for the statement of comprehensive income.
