12 2 Across 1. Amounts owed to suppliers (2 5. Lends money 2. Distribution of earnings 6. Extra value recorded when buying another company 3. Merchandise held for sale 8. Reports assets, liabilities, and stockholders’ equity 4. Borrows money (2 words) 7. Ratios that measure the ability to pay liabilities as they 9. Investments available for quick liquidation (2 words) come due 12. Patents, copyrights, and brand names 9. Lawsuits and other events that could create new 13. Accounts payable is a _____ account liabilities for the company 16. Buildings, equipment, and land (abbreviation) 10. Inventory is an _____ account 17. Cost allocation 11. amount of depreciation expensed since the assets' 20. Acquisition Cost less Accumulated Depreciation date of purchase (2 words) 14. Monies to be received from customers 22. Owners of a corporation 15. Equipment is a _____ asset account, which is used for 23. Income tax amounts to be paid later more than one year 24. Money in the bank 18. Ratios that measure the ability to pay liabilities for many 25. Ratio that measures the ability to pay current liabilities years with current assets 19. Balance Sheet reporting all amounts as a percentage of 26. Total liabilities divided by total assets (2 words) total assets (2 words) 21. Liabilities due within 12 months Down
12 2 Across 5. Lends money 6. Extra value recorded when buying another company 8. Reports assets, liabilities, and stockholders’ equity (2 words) 9. Investments available for quick liquidation (2 words) 12. Patents, copyrights, and brand names 13. Accounts payable is a _____ account 16. Buildings, equipment, and land (abbreviation) 17. Cost allocation 20. Acquisition Cost less Accumulated Depreciation (2 words) 22. Owners of a corporation 23. Income tax amounts to be paid later 24. Money in the bank 25. Ratio that measures the ability to pay current liabilities with current assets 26. Total liabilities divided by total assets (2 words) Down 1. Amounts owed to suppliers (2 2. Distribution of earnings 3. Merchandise held for sale 4. Borrows money 7. Ratios that measure the ability to pay liabilities as they come due 9. Lawsuits and other events that could create new liabilities for the company 10. Inventory is an _____ account 11. amount of depreciation expensed since the assets' date of purchase 14. Monies to be received from customers 15. Equipment is a _____ asset account, which is used for more than one year 18. Ratios that measure the ability to pay liabilities for many years 19. Balance Sheet reporting all amounts as a percentage of total assets (2 words) 21. Liabilities due within 12 months
Solution-Manual-for-Interpreting-and-Analyzing-Financial-Statements-6E-6th-Edition.docx