Finance > QUESTIONS & ANSWERS > Finance Questions with 100% Correct Answers. (All)
What is finance? Correct answer the study of how people and businesses evaluate investments and raise capital to fund them Area of finance that deal with determining what long-term investments the ... firm should take is referred to as: correct answer capital budgeting How a firm should raise money to fund investments is referred to as: correct answer capital structure Area of finance that deals with determining the best way to manage its cash flows as they arise in its day to day operations is referred to as: correct answer working capital management Financial markets correct answer institutions that facilitate financial transactions Three types of business organizations correct answer sole proprietorship, partnership, and corporation Sole proprietorship correct answer a business owned by a single individual who is entitled to all the firm's profits and who is responsible for all the firm's debt Partnership correct answer two or more persons who come together as co owners for the purpose of operating a business for profit. No operation between the general partnership and its owners with respect to debts or being sued. Profits of the partnership are faced to the partners as personal income. Provides access to equity [Show More]
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