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Financial Statements

Make sure to leave a blank space for more than a one word answer.
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Across
3
Income earned from operations of a business
4
Shows the financial position of a company
5
Shows amounts earned and expenses incurred for a period of time
10
Assets = Liabilities + Equity
12
Amounts owed
13
Payments to vendors or suppliers
14
The most liquid current asset
15
Things of value a company owns
Down
1
Costs incurred to earn revenues in a business
2
Portion of business profits not distributed as dividends
6
Cash and other assets expected to be converted to cash within the next 12 months
7
Net income/Total assets
8
Value remaining after subtracting a company's liabilities from its assets
9
Current Assets/Current Liabilities
11
When Revenue - Expenses is positive