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20 Cards in this Set
- Front
- Back
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Means by which a manager can determine which investments to pursue, how to pay for them, and how to manage daily finances.
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Business Finance
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The top financial officer.
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Chief Financial Officer
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Person in charge of cash management and capital expenditures.
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Treasurer
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Process of managing a firm's long-term investments.
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Capital budgeting
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Amount of debt and equity used by a firm to finance its operations.
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Capital structure
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Short-term assets and liabilities.
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Working capital
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Management of a firm's cash, inventory, and payables.
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Working capital management
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Business owned by a single individual.
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Sole proprietorship
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Document that specifies how net profits and losses are to be divided among two or more owners.
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Partnership agreement
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Business entity that is treated as a legal person.
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Corporation
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The legal papers which designate a firm's name, nature of business, and intended life.
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Articles of incorporation
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The rules which outline how a corporation will regulate itself.
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Bylaws
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Cross between a partnership and a corporation.
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Limited Liability Company
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Potential problem between a firm's owners and managers.
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Agency problem
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Anyone other than stockholders that might have a claim on the cash flow of a firm.
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Stakeholders
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Original sale of securities by the issuer.
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Primary market
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The market for trading securities after the original sale.
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Secondary market
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The sale of securities to the general public by the issuer.
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Public offering
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A negotiated sale of securities by an issuer to a specific buyer.
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Private placement
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Over-the-counter markets
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Dealer markets
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