Financial Terminology Crossword Puzzle

QUESTIONS LIST:

• amortization : method of spreading an asset's cost over the course of its useful life.
• assets : items you own that can provide future benefit to your business.
• balance sheet : a tally of the organization’s assets, liabilities, and shareholders’ equity for a given reporting period.
• balance sheet equation : assets = liabilities + owners’ equity
• capital gain : increase in the value of an asset or investment above the price you initially paid.
• cash flow : the net balance of cash moving in and out of a business at a specific point in time.
• cash flow statement : financial statement prepared to provide a detailed analysis of what happened to a company’s cash during a given period of time.
• compound interest : interest on interest.
• depreciation : the decrease in an asset’s value.
• equity : amount of money that belongs to the owners of a business after all assets and liabilities have been accounted for.
• income statement : financial statement that summarizes a business’s income and expenses during a given period of time, also sometimes referred to as a profit and loss (p&l) statement.
• liabilities : what you owe other parties, such as bank debt, wages, and money due to suppliers.
• liquidity : how quickly assets can be converted into cash.
• net worth : subtracting assets from liabilities.
• profit margin : measure of profitability that’s calculated by dividing the net income by revenue or the net profit by sales.
• return on investment : used to determine the expected return of a project or activity in comparison to the cost of the investment, typically shown as a percentage.
• valuation : process of determining the current worth of an asset, company, or liability.
• working capital : difference between a company’s current assets and current liabilities—the money available for daily operations.