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GGOB - Get in the Game!
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Accounts Payable: Amounts the company owes to vendors
Accounts Receivable: Amounts owed to the company by its customers
Assets: Things of value owned by a business
Balance Sheet: A statement of the financial position of a company at a specific point in time
Breakeven Point: The production level where total revenues equals total expenses, meaning the company did not gain or lose any income, but had a net income of zero
Budget: Financial plan that serves as an estimate of future cost and revenues
Capital: Money invested in a business by its owners
Cash: Money in the bank available to spend now
Cash Flow: The incoming and outgoing of cash, representing the operating activities of the organization
Commissions: Amounts to be paid to an agent or sales person, typically a set percentage of a sale
Cost of Sales: The costs of the product and the related expenses for getting the product into and out of the warehouse
Depreciation: A method of allocating the cost of a tangible asset (i.e forklift, computer monitors, vehicles) over its useful life
Discount: A reduction in the price of a product or service that is offered by a seller
Fixed: A cost that does not change as sales volume changes
Gross Profit: A company's remaining profit after selling a product and deducting the costs associated with its production and/or sale
Interest: A fee paid for the use of someone else's money
Inventory: The supply or stock of goods and products a company has for sale
Loan Balance: The amount the company owes the bank on outstanding borrowings
Risk: The possibility of loss
Salaries: Amounts paid to employees for time worke
Sales: The total amounts charged to the customer for product and services during a certain time frame
Liabilities: A company's legal debts or obligations that arise during the course of business operations
Variable: A cost that changes as sales volume changes
GGOB - Get in the Game!
Across:2. | A cost that changes as sales volume changes | 4. | The amount the company owes the bank on outstanding borrowings | 8. | Money invested in a business by its owners | 10. | Financial plan that serves as an estimate of future cost and revenues | 14. | A statement of the financial position of a company at a specific point in time | 15. | The costs of the product and the related expenses for getting the product into and out of the warehouse | 17. | Amounts paid to employees for time worke | 18. | A fee paid for the use of someone else's money | 19. | A company's remaining profit after selling a product and deducting the costs associated with its production and/or sale |
| | Down:1. | Money in the bank available to spend now | 3. | The production level where total revenues equals total expenses, meaning the company did not gain or lose any income, but had a net income of zero | 5. | Amounts the company owes to vendors | 6. | A cost that does not change as sales volume changes | 7. | The total amounts charged to the customer for product and services during a certain time frame | 9. | A method of allocating the cost of a tangible asset (i.e forklift, computer monitors, vehicles) over its useful life | 11. | The supply or stock of goods and products a company has for sale | 12. | A reduction in the price of a product or service that is offered by a seller | 13. | The possibility of loss | 16. | Things of value owned by a business |
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© 2015
PuzzleFast.com, Noncommercial Use Only
GGOB - Get in the Game!
Across:2. | A cost that changes as sales volume changes | 4. | The amount the company owes the bank on outstanding borrowings | 8. | Money invested in a business by its owners | 10. | Financial plan that serves as an estimate of future cost and revenues | 14. | A statement of the financial position of a company at a specific point in time | 15. | The costs of the product and the related expenses for getting the product into and out of the warehouse | 17. | Amounts paid to employees for time worke | 18. | A fee paid for the use of someone else's money | 19. | A company's remaining profit after selling a product and deducting the costs associated with its production and/or sale |
| | Down:1. | Money in the bank available to spend now | 3. | The production level where total revenues equals total expenses, meaning the company did not gain or lose any income, but had a net income of zero | 5. | Amounts the company owes to vendors | 6. | A cost that does not change as sales volume changes | 7. | The total amounts charged to the customer for product and services during a certain time frame | 9. | A method of allocating the cost of a tangible asset (i.e forklift, computer monitors, vehicles) over its useful life | 11. | The supply or stock of goods and products a company has for sale | 12. | A reduction in the price of a product or service that is offered by a seller | 13. | The possibility of loss | 16. | Things of value owned by a business |
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© 2015
PuzzleFast.com, Noncommercial Use Only