3. Work with vocabulary. Identify the words and word combinations from the previous exercise by the context provided.

1. The business is not ___________ enough revenue to cover its costs. (v)

2. Don’t look to central banks; most are likely to manage the _________ risks to inflation and growth reasonably well. (adj)

3. It wasn't so much that we'd lost all our money, what he couldn't get over was that all those people who'd trusted him had lost theirs, he felt that he ought to have had more __________. (n)

4. In 1959, officials at the United States National Aeronautics and Space Administration (NASA) adopted most of these steps as part of their __________ plan. (adj)

5. Acer's shares have struggled since it cut its revenue forecast in March. That caused shares to fall 18% over the next few days, and triggered the resignation of the chief executive. Less than a month later it reported a 64% fall in first-quarter net profit. Acer's statement on Wednesday said that internal audits had found "abnormalities in terms of channel inventory stored in freight forwarders' warehouses, and in __________ from channels in Spain". (n)

6. Even profitable growth generally requires cash investments for working capital and ________, both of which reduce the company’s expected net cash flow. (2 words)

7. Loch Fyne Oysters managing director Bruce Davidson heralded the move as a new chapter in the company's history which would see the business "move to the next level". I believe that we can now really do the brand justice and look realistically at expanding into new export markets and growing”. He said: "SSI has provided us with the investment we need to grow our business, while ensuring we maintain our independence”. SSI's initial investment will clear the company's _____________ and allow it to plan for growth. Further resources will be made available to develop capacity. (2 words)

8. You could _________ some money from your uncle without paying interest. (v)

9. At the start of a business, owners put some funding into the business to finance operations. This creates a liability on the business in the shape of capital as the business is a separate ________ from its owners. Businesses can be considered, for accounting purposes, sums of liabilities and assets; this is the accounting equation. After liabilities have been accounted for the positive remainder is deemed the owner's interest in the business. (n)

10. During the course of negotiations for the return transfer, the trust raised an action seeking £1.9m compensation from the authority for improvements to facilities and investment in equipment. That move was defended by the council and eventually dismissed in court. Liquidators were subsequently appointed by the trust in late 2010 and its debt to the authority estimated at £389,000. It had __________ of £280,000 and as a result of that the council received £246,000 from liquidators. VAT bad debt relief further reduced council losses to a total of £126,000. (2 words)

11. With the benefit of _________, it’s easy to say it was the wrong decision. (n)

12. Simply put, _________ result when a business is given 30, 60, or 90 days to pay for goods or services. (2 words)

13. In the case of a shareholder, the _______ do not increase the amount of outstanding shares, but it adds to the owner's basis in the shareholder's basis. ________ are not counted as business income, unless they are in the form of a loan that is expected to be repaid. (2 words)

14. ____________ are important to businesses because they are the assets that are used to fund day-to-day operations and pay ongoing expenses. Depending on the nature of the business, _________ can range from barrels of crude oil, to baked goods, to foreign currency. (2 words)