Across
- 2. The overhead costs of operating a business, deducted from gross profit to calculate profit from operations.
- 5. Total capital raised from issuing shares, raised from shareholders.
- 7. Revenue minus the cost of sales.
- 11. Non-physical items of value, such as patents, trademarks and copyrights.
- 13. A method where a constant amount of depreciation is deducted from the asset’s value each year.
- 14. A financial obligation the business must pay in the future.
- 16. Arises when a business is valued at or bought for more than the balance sheet value of its assets (the extra value paid for a business over its book asset value).
- 17. Accumulated retained profits and capital reserves from re-valuation of non-current assets.
- 18. Gross profit minus overhead expenses (also known as operating profit).
- 20. The value of payments due from customers who purchased goods on credit.
- 21. The share of profits paid to shareholders, in return for investment in company.
- 22. The decline in the value of a non-current asset over time.
Down
- 1. The amount inventory can be sold for, minus selling costs.
- 3. The value of a non-current asset after depreciation (original cost minus accumulated depreciation).
- 4. The total value of assets minus total value of liabilities
- 6. The direct cost of goods sold during the financial year.
- 8. Profit from operations minus interest costs.
- 9. A financial statement detailing revenue, costs, and profit (or loss) over a set period.
- 10. An item of monetary value owned by a business.
- 12. One-time profit that is difficult to repeat or sustain.
- 13. A financial statement recording the values of a business's assets, liabilities, and shareholders’ equity at a specific point in time.
- 15. Profit that can be repeated and sustained.
- 19. The value of debts for goods bought on credit payable to suppliers (accounts payable).