Business Foundation Quiz 19
In finance, the opportunity for profit is called:
return
_____ are specific repayment conditions as to how long customers have to pay bills and the amount of cash discount allowed.
Credit terms
_____ invest in new businesses in return for part of the ownership, sometimes as much as 60 percent.
Venture capitalists
When a firm goes public, it must reveal such information as:
all of the above
Private individual investors who sometimes provide venture capital to small firms in need of equity capital are called:
angel investors
Organized stock exchanges operate like a(n):
auction company
Long-term debts (liabilities) for corporations and governments are called:
bonds
Capital budgeting:
selects asset proposals for maximum profitability
A company sells its accounts receivable to a financial institution that is in the business of buying accounts receivable at a discount. This sale is called:
factoring
_____ management is the art and science used to determine the most effective ways to acquire and use funds to achieve the firm's goals.
Financial