Unit 5: Finance and accounting 5.0 / 5 based on 1 rating ? Business StudiesFinancial PlanningASCIE Created by: alexia.mor.gueCreated on: 07-02-21 14:40 92456381710 Across 1. - (8, 7) 4. the total value of capital raised from shareholders by the issue of shares (5, 7) 6. expanding a business rapidly without obtaining all of the necessary finance so that a cash-flow shortage develops (11) 7. - (5) 10. an item of monetary value that is owned by a business (5) Down 2. selling of claims over trade receivables to a debt factor in exchange for immediate liquidity- only a proportion of the value of the debts will be received as cash (9) 3. the direct cost of the goods that were sold during the financial year (4, 2, 5) 5. a detailed document giving evidence about a new or existing business that aims to convince external lenders and investors to extend finance to the business (8, 4) 8. stocks held by the business in the form of materials, work in progress and finished goods (11) 9. existing shareholders are given the right to buy additional shares at a discounted price (6, 5)
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