Financial Accounts Crossword Puzzle

QUESTIONS LIST:

• acid test ratio : similar to the current ratio but excludes stocks from current assets. a more severe test of liquidity.
• assets : resources that belong to a business.
• capital : money put into the business by the owners.
• current assets : liquid assets, i.e. those assets that will be converted into cash within one year.
• current ratio : assesses the firm’s liquidity by dividing current liabilities into current assets.
• current liabilities : money owed by the business that must be repaid within one year.
• intangible assets : non-physical assets, such as brand names, patents and customer lists.
• inventories : stocks, such as raw materials and finished goods held by a business.
• liabilities : money owed by the business to banks and suppliers, for example.