Return on Investment
From the lecture on Capital we described evaluating different investments by understand their ROI which stands for
newly-issued common stock
All of the following are common ways firms use to raise short-term financing EXCEPT
As part of the financial planning process, planners would create projected financial statements, also known as _____ statements.
On the NASDAQ trading is done through computers over the internet and not in a room full of traders like NYSE.
Stockholders may receive periodic dividend payments to share in the companys profits but it is not guaranteed.
time value of money
The ____________ tells us that a doller received today is worth more than a dollar received in the future.
Corporate financial managers are responsible for managing short-term assets like cash, accounts receivable and inventories but are not responsible for long-term assets because that falls under the securities market.`
issuing or selling employees stock "options"
Corporations have three ways to get money. Which one is NOT one of the ways?
Chicago Board of Trade(CBOT)
Where large quantities of agriculture products, metals and currencies can be puchased is?
Usually is independant, owns their own firm and provides accounting services to others
A public accountant
_____ is the private, self-regulating, 5-member board established to develop generally accepted accounting principles used in the practice of financial accounting.
A company's assets include tangible items like buildings and equipment but do not include intangibles like copyrights and trademarks because only tangibles have a dollar value.
As the owner of 100 shares of Megabux Corporation's stock, Elbert Treble wants to know whether his company earned a profit or loss during the past year. He can find the answer to this by looking at Megabux's
GAAP- Generally Accepted Accounting Principles
Taken together, the body of principles that guides the financial accounting process used to create financial statements is referred to as:
_____ accountants combine their knowledge of accounting with investigative skills. These accountants can help detect and investigate tax evasion, embezzlement, money laundering, and securities fraud.
work for a variety of clients on a fee basis
Which of the following statements about private accountants is incorrect? Private accountants
Depreciation is the "expensing" of long-lived assets over several years on the Balance Sheet.
The Statement of Cash Flows
Which financial statement shows cash being invested in purchasing an asset?
Income Tax Report
Which one of the following is not one of the three required public financial statements.
Financial Accounting (ACC255) and Managerial Accounting (ACC256) areas are two core classes every FCB major needs to take.
The Balance Sheet
Which financial statement shows the total amount of debt or liabilities a company has?
Financial Accounting or ACC 255 at FCB is a class that covers internal company reports not usually available to the public to assist management with decisions.
revenue, income statement, gross profit
A firm's cost of goods sold is subtracted from the _____ on the _____ in order to compute the firm's _____.