Financial Planning - Ch. 1
About this set
Created by:
shaboozie08 on February 7, 2011
Subjects:
financial planning, jeffrey moore, fina 30653
Description:
Jeffrey Moore
Log in to favorite or report as inappropriate.
Order by
9 terms
Terms | Definitions |
|---|---|
 new financial products with a focus on __________ are being used | hedging |
| modern focus in finance has been on | 1) Risk-return relationships 2) Maximization of return for risk 3) Portfolio management 4) Capital structure theory |
| 3 things significant to financial managers during decision-making | 1) Effects of inflation/disinflation on financial forecasting 2) Required rates of return for budget decisions 3) Cost of capital |
| inflation | a key variable in financial decisions |
| financial management (or business finance) is concerned with | managing an entity's money |
| 3 functions of a financial manager | 1) Allocate funds to current and fixed assets 2) Obtain the best mix of financial alternatives 3) Develop an appropriate dividend policy within the context of the firm's objectives. |
| sole proprietorship | single-person ownership |
| advantages of sole proprietorship | simplicity of decision-making and low organizational/operational costs |
| disadvantages of sole proprietorship | ... |
First Time Here?
Welcome to Quizlet, a fun, free place to study. Try these flashcards, find others to study, or make your own.