Finance can be defined

Assignment Help Financial Management
Reference no: EM131088157

MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.

1) Finance can be defined as _______

A) the science of the production, distribution, and consumption of wealth.

B) the art of merchandising products and services.

C) the system of debits and credits.

D) the art and science of managing money and managing financial resources to achieve short-term, intermediate –term and long term goals..

2) The true owner(s) of the corporation is (are) the ________.

A) chief executive officer

B) creditors

C) stockholders

D) board of directors

ESSAY. Write your answer in the space provided below. It must be at least three sentences long.

3) Over the last 16 weeks what did you learn about finance? You can use books or notes to refresh your memory. You must write at least five sentences.

Reference no: EM131088157

Questions Cloud

Investment plan and debt security markets : Develop a strategic plan for investing excess funds that a corporation currently has available. Evaluate investment options available, demonstrating an understanding of various types of investments.
Describe the sport product being marketed and promoted : Describe the sport product being marketed and promoted. Describe what target market you believe this promotional video was made for.
Does the textbook view treat money as endogenous : Endogenous vs. Exogenous Money. Explain why the supply of money may be considered an "endogenous" variable, rather than an "exogenous variable." Does the "textbook view" treat money as endogenous or exogenous
What determines whether your demand is elastic : Name a product you regularly purchase for which you have an inelastic demand and one for which you have an elastic demand. What determines whether your demand is elastic or inelastic for these products?
Finance can be defined : Finance can be defined as. The true owner(s) of the corporation is (are) the ________.  Over the last 16 weeks what did you learn about finance? You can use books or notes to refresh your memory. You must write at least five sentences.
Young and healthy to encourage enrollment : The uninsured healthy and young take good health for granted, are tech-savvy, and have low motivation to enroll in the current health care plan. What marketing techniques would appeal to the young and healthy to encourage enrollment?
Why other organs common locations for tobacco-related cancer : The cancer that is most commonly associated with smoking is lung cancer, but there are many others as well. According to the American Cancer Society, "besides lung cancer, tobacco use also increases the risk for cancers of the mouth, lips, nose a..
Explain the fall in price and increase in quantity : explain the fall in price and increase in quantity.
Two machines used in your manufacturing plant : You are considering the purchase of one of two machines used in your manufacturing plant. Machine A has a life of two years, costs $180 initially, and then $75 per year in maintenance costs. The discount rate is 13 percent and the tax rate is zero. C..

Reviews

Write a Review

 

Financial Management Questions & Answers

  Planning to save for retirement

You are planning to save for retirement over the next 25 years. To do this, you will invest $790 a month in a stock account and $390 a month in a bond account. The return of the stock account is expected to be 9.9 percent, and the bond account will p..

  Valid reasons for firm to reduce or eliminate these dividend

Quick Mart has been paying a quarterly dividend of $1.20 a share. Which of the following are valid reasons for the firm to reduce or eliminate these dividends?

  Project will need an initial investment

New Co is considering investing in a new hotel project. The project will need an initial investment of 1,000,000 in year zero and will generate 500,000 (after tax) cash flows for the four subsequent years.

  Annual free cash flows as opposed to annual cash flows

How do you calculate the expected annual free cash flows as opposed to annual cash flows? The problem asks for the calculation both was at different sales levels.

  Breakeven interest rate-which is profitable to call in bonds

Leyland Enterprises has $5,000,000 in bonds outstanding. The bonds each have a maturity value of $1,000, an annual coupon of 12 percent, and 15 years left until maturity. The bonds can be called at any time at a call price of $1,100 per bond. The com..

  Statements related to dividend policy

Which one of the following statements related to dividend policy is correct?

  Spot and forward rates

Spot and forward rates. Suppose the exchange rate for the Swiss franc is quoted as SF 1.50 in the spot market and SF in the 90-day forward market. Is the dollar selling at a premium or discount relative to the franc? Does the financial market expect ..

  Calculate book value of an asset

Reversing Rapids Co. purchases an asset for $159,660. This asset qualifies as a five-year recovery asset under MACRS. The five-year expense percentages for years 1, 2, 3, and 4 are 20.00%, 32.00%, 19.20%, and 11.52% respectively. Reversing Rapids has..

  Taxable project with an expected before-tax return

A corporation has an average tax rate of 25% and a marginal tax rate of 39%. The corporation can invest in a tax-free project with an expected before-tax return of 6.8% or in a taxable project with an expected before-tax return of 10%.

  What is change in price the bond will experience in dollars

A 6.05 percent coupon bond with fifteen years left to maturity is priced to offer a 7.1 percent yield to maturity. You believe that in one year, the yield to maturity will be 7.0 percent. What is the change in price the bond will experience in dollar..

  Equity capital structure and considering new structure

Petty currently has all equity capital structure and considering new structure with 30% debt. 3000 common shares outstanding with total market value of 150,000. interest rate on new debt =14%. how to calculate interest, net income, EPS, and ROE for E..

  How much does he need to borrow to purchase the house

Mr. Bill S Preston Esq. purchased a new house for $140,000. He paid $15,000 upfront and agreed to pay the rest over the next 15 years in 15 equal annual payments that include principal payments plus 8 percent compound interest on the unpaid balance. ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd