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9 Cards in this Set
- Front
- Back
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Which department, or working group within a business, is concerned with bonds and stocks? |
Finance |
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How is capital acquired through the finance department? |
- Current Debt |
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How is increasing the Accounts Receivable lag an investment in your company? |
is a form of "promotion" and will attract customers because they may have longer time frame before they need to pay you compared to your competitors. |
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If you sell products on credit, the transaction is recorded in which of your accounts? |
Accounts Payable |
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The finance department deals with what? |
oversees financial planning and management activities, including budgeting and forecasting, reporting and compliance, and creation of value |
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The interest rate of a loan is defined as: |
The amount charged, expressed as a percentage of principal, by a lender to a borrower for the use of assets. |
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The term of a loan is defined as: |
A loan from a bank for a specific amount that has a specified repayment schedule and a floating interest rate. Term loans almost always mature between one and 10 years. |
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Bondholders are _______________________ of a corporation |
Shareholders |
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Leverage is a measure of: |
Total Assets / Total Owner’s Equity |
