Capital Budgeting Includes |
Evaluation of Size, Timing and Risk of Future cash flows |
What is a working capital decision? |
How Much Cash should the firm keep in reserve? |
If you accept a job as a domestic security analyst for a brokerage firm, you are most likely working in which one of the following financial areas? |
Investments |
The primary goal of financial management is to maximize which one of the following for a corporation? |
Market value of existing stock |
Which one of the following transactions occurred in the primary market? |
South Wind Products sold 1,000 shares of newly issued stock to Mike. |
Who owns and operates a company on their own. Fully liable. |
Sole Proprietorship |
Auction Market |
Has a physical trading floor |
What applies to a sole proprietorship? |
Obtaining additional equity is dependent on the owner’s personal finances. |
Limited liability companies are primarily designed to: |
provide limited liability while avoiding double taxation. |
Which one of the following correctly defines a common chain of command within a corporation? |
The controller reports directly to the chief financial officer. |
A limited liability company: |
prefers its profits be taxed as personal income to its owners. |
Which one of the following is contained in the corporate bylaws? |
Procedures for electing corporate directors |
Which one of the following best describes the primary intent of the Sarbanes-Oxley Act of 2002? |
Increase protection against corporate fraud |