Homework Sourse1 Across A financial statement which presents assets or reso
| 1. Across: A financial statement which presents assets or resources owned and the debt or liabilities owed as of a specific date. (Two Words) | |
|---|---|
| 2. Across: Liabilities or debts which are scheduled to be paid within one year. (Two Words) | |
| 3. Across: The Situation of having a wealth position of net worth less than or equal to zero, and the inability to pay obligations as they come due. | |
| 4. Across: A plan detailing both cash inflows and cash outflows. | |
| 5. Across: A ratio providing an indication of the ability or the inability to pay obligations as they come due. | |
| 1. Down: A financial statement summarizing all the inflows and outflows of cas over a specified period of time. | |
| 2. Down: Mathematical relationships of variables created in order to explain something of importance. | |
| 3. Down: The resources and items of value owned by an individual. | |
| 4. Down: The amount of an individual\'s paycheck which remains after the payment of income taxes. (Three Words) | |
| 5. Down: Total wealth based on the difference between total assets owned and total debt. (Two Words) | |
| 6. Down: The type of assets or liabilities which are not short-term in nature. (Two Words) | |
| 7. Down: Obligations to creditors. | |
| 8. Down: A ratio which indicates the percentage of assets financed with debt funding. | |
| 9. Down: The most liquid of assets. |
| 1. Across: A financial statement which presents assets or resources owned and the debt or liabilities owed as of a specific date. (Two Words) | |
|---|---|
| 2. Across: Liabilities or debts which are scheduled to be paid within one year. (Two Words) | |
| 3. Across: The Situation of having a wealth position of net worth less than or equal to zero, and the inability to pay obligations as they come due. | |
| 4. Across: A plan detailing both cash inflows and cash outflows. | |
| 5. Across: A ratio providing an indication of the ability or the inability to pay obligations as they come due. | |
| 1. Down: A financial statement summarizing all the inflows and outflows of cas over a specified period of time. | |
| 2. Down: Mathematical relationships of variables created in order to explain something of importance. | |
| 3. Down: The resources and items of value owned by an individual. | |
| 4. Down: The amount of an individual\'s paycheck which remains after the payment of income taxes. (Three Words) | |
| 5. Down: Total wealth based on the difference between total assets owned and total debt. (Two Words) | |
| 6. Down: The type of assets or liabilities which are not short-term in nature. (Two Words) | |
| 7. Down: Obligations to creditors. | |
| 8. Down: A ratio which indicates the percentage of assets financed with debt funding. | |
| 9. Down: The most liquid of assets. |
Solution
Across
1) Balance Sheet is a financial statement that reports the assets and claims to those assets at a specific point in time, presents a picture of what a business owns and what it owes, shows relationship between assets, liabilities and stockholders equit at a particular date.
2) Liabilities or debts which are scheduled to be paid within one year are Current Liabilities.
3) Insolvency is the situation of having a wealth position of net worth less than or equal to zero, and the inability to pay obligations as they come due.
4) Cash Budget is a plan detailing both cash inflows and cash outflows.
5) Current ratio is a ratio providing an indication of the ability or the inability to pay obligations as they come due.
Down
1) Cash Flow Statement is a financial statement summarizing all the inflows and outflows of cash over a specified period of time.
2) Ratios are mathematical relationships of variables created in order to explain something of importance.
3) Assets are the resources and items of value owned by an individual.
4) After tax inome is the amount of an individual\'s paycheck which remains after the payment of income taxes.
5) Owner\'s Equity is the total wealth based on the difference between total assets owned and total debt.
6) Non Current is the type of assets or liabilities which are not short-term in nature.
