Crossword

Complete the crossword, then click on "Check" to check your answer. Click on a number in the grid to see the clue or clues for that number.
   1           2         
 3                    
4            5           
                6     
    7                 
                  8   
                   
 9                    
                   
       10              
            11         
                   
                   
                   
                   
                   
      12               
                   

Across:

1. A loan that is backed by collateral.
4. The ongoing expenses resulting from the operation of the business.
9. Operated by the government to provide technical assistance, counseling, grants, or other means of financial assistance at low-interest rates.
12. Borrowed money that must be repaid within one year.

Down:

2. Items of value owned by the business.
3. Cash that is set aside for unexpected needs of the business.
5. Cooperatives formed by labor unions or employees for the benefit of the members.
6. Debts owed by the business.
7. Expenses that remain the same for a period of time; must be paid regardless of the quantity of a good or service produced/sold.
8. A loan that is not guaranteed by collateral. (drop the "d" in this term for it to fit)
10. The monetary value of the business; assets minus liabilities.
11. The cost of doing business; all business expenses except the cost of goods sold.