Attachments: BUS 508 N CHAPTER 17 Quiz.docx [ Preview Here ]
BUS 508 Chapter 17 Quiz
1. ________ raise money from wealthy individuals and institutional investors and invest the funds in promising firms.
________ is planning, obtaining, and managing the company’s funds in order to accomplish its objectives as effectively and efficiently as possible.
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.
Differing industries do not choose varying amounts of debt and equity to use when financing.
Short-term financing using accounts receivable is called ________.
A ________ is a sale of assets by a firm.
________ is the term used to describe the benefits produced by a merger or acquisition.
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.
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.
________ are uncollected credit sales and can be a significant asset.
For many firms, such as retailers, inventory does not represent the largest single asset.
________ are transactions in which public shareholders are brought out and the firm reverts to private status.
________ is the mix of a firm’s debt and equity capital.
________ are periodic cash payments to shareholders.
Raising needed cash by borrowing allows a firm to benefit from the principle of ________.
Public sales of securities such as stocks and bonds are a major source of funds for corporations.
A line of credit specifies the maximum amount the firm can borrow over a period of time, usually a year.
________ 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.
The ________ feature offers tips for managing assets.