BUS 508 Week 10 Chapter 17 Practice Quiz -
The ________ is an important tool for determining the size of a line of credit because it shows the months when additional financing will be needed or when borrowed funds can be repaid.
________ is planning, obtaining, and managing the company’s funds in order to accomplish its objectives as effectively and efficiently as possible.
________ is the process of maximizing the wealth of the firm’s shareholders by striking the optimal balance between risk and return.
The ________ feature offers tips for managing assets.
________ is extended by suppliers when a firm receives goods or services, agreeing to pay for them at a later date.
________ is the term used to describe the benefits produced by a merger or acquisition.
The process by which decisions are made regarding investments in long-lived assets is called ________.
________ are investment companies that raise funds from wealthy individuals and institutional investors and use those funds to make large investments in both public and privately held companies.
Short-term financing using accounts receivable is called ________.
A ________ is a document that specifies the funds needed by a firm for a period of time, the timing of inflows and outflows, and the most appropriate sources and uses of funds.
A ________ is an offer made by a firm to the target firm’s shareholders specifying a price and the form of payment.
Financial plans, sometimes referred to as strategic plans, have a much longer time horizon, perhaps up to five to ten years.
The two types of divestitures are:
________ raise money from wealthy individuals and institutional investors and invest the funds in promising firms.
Firms are under legal obligation to pay dividends to shareholders.
The cash flows and outflows of a business are similar to those of a household.
Raising needed cash by borrowing allows a firm to benefit from the principle of ________.
________ is the mix of a firm’s debt and equity capital.
________ funds are generally less expensive than long-term debt and equity.
A ________ is a sale of assets by a firm.