Across
- 3. the point at which a business is not making a profit or a loss
- 4. Money achieved when total revenue (income) is higher than the total costs
- 6. Income that comes into a business from its trading activities e.g. sales of goods and services.
- 9. Long-term sources of income used to fund the purchase of non-current assets.
- 11. Spending on items that will stay in the business for more than a year e.g. machinery.
- 12. Selling price – variable cost
Down
- 1. Day to day spending to fund the trading activities of the business e.g. inventory.
- 2. A set amount of money provided for a specific purpose, to be repaid with interest, over a set period of time
- 5. Her Majesty's Revenue and Customs – a government department responsible for collection of all types of taxes
- 7. As a business ensuring that financial information is in accordance with laws and regulations.
- 8. Capital raised from outside of the business
- 10. Money coming in and going out of a business.