Across
- 2. Profit remaining after tax and interest.
- 4. A non-cash expense representing the loss of value in a fixed asset.
- 11. The cost of producing or purchasing goods that a firm sells.
- 15. Assets expected to be used or converted into cash within 12 months.
- 16. Ratio showing how long a firm takes to pay suppliers.
- 17. Value of a company after subtracting total liabilities from total assets.
- 18. Returns earned each year as a percentage of initial cost.
- 20. The money a business earns from sales before deducting any costs.
- 21. Measure showing how efficiently capital employed generates profit.
- 22. A discounting approach comparing present values to cost of investment.
- 23. A long-term source of finance raised from investors.
- 24. Ratio comparing current assets to current liabilities.
Down
- 1. Assets owned for more than one year such as equipment or buildings.
- 3. Costs that do not change with output.
- 5. A situation where a business cannot meet short-term debts.
- 6. Ratio measuring how long customers take to pay.
- 7. Profitability ratio using gross profit and sales revenue.
- 8. A method valuing earlier cash more than later cash.
- 9. Measure of liquidity using formula (CA – Inventory) / CL.
- 10. Liabilities a firm must pay within one year.
- 12. Number of times average inventory is sold in a period.
- 13. A source of finance that must be repaid with interest.
- 14. Liquidity ratio that excludes inventory.
- 19. Contribution per unit = Price minus ______ cost.