Study sets matching "financial chapter 10 finance"

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Study sets matching "financial chapter 10 finance"

17 terms
Business Finance Chapter 10 (Personal Financial Planning)
Personal Financial Planning
Goals
Values
Liquidity
Arranging to spend, save, and invest money to live comfortabl…
The things you want to accomplish.
The beliefs and principles you consider important, correct, a…
The ability to easily convert financial assets into cash with…
Personal Financial Planning
Arranging to spend, save, and invest money to live comfortabl…
Goals
The things you want to accomplish.
61 terms
Personal Financial Literacy Chapter 10
Adjustable Rate Mortgage
Annual Percentage Rate
Collateral
Cosigner
Mortgage with a rate that may go up or down. Rate changes at…
Interest rate that shows what a borrower is actually paying w…
Assets that have been pledged against a loan repayment.
A person, other than the original borrower who signs for a lo…
Adjustable Rate Mortgage
Mortgage with a rate that may go up or down. Rate changes at…
Annual Percentage Rate
Interest rate that shows what a borrower is actually paying w…
61 terms
Personal Financial Literacy Chapter 10
Adjustable Rate Mortgage
Annual Percentage Rate
Collateral
Cosigner
Mortgage with a rate that may go up or down. Rate changes at…
Interest rate that shows what a borrower is actually paying w…
Assets that have been pledged against a loan repayment.
A person, other than the original borrower who signs for a lo…
Adjustable Rate Mortgage
Mortgage with a rate that may go up or down. Rate changes at…
Annual Percentage Rate
Interest rate that shows what a borrower is actually paying w…
13 terms
Financial Accounting Chapter 10
Accrued Liabilities
Contingent Liability
Current Liabilities
Debt-to-Assets Ratio
Previously unrecorded expenses that need to be adjusted at th…
Potential liability that has arisen as the result of a past e…
Short-term obligations that will be paid in cash (or fulfille…
Measures the proportion of total assets financed by debt, com…
Accrued Liabilities
Previously unrecorded expenses that need to be adjusted at th…
Contingent Liability
Potential liability that has arisen as the result of a past e…
Financial Accounting Chapter 10
Current Liabilities
Accrued Liabilities
Payroll Deductions
Sales Tax Payable
short-term obligations that will be paid or fulfilled within…
liabilities for expenses that have been incurred but not paid…
create current liabilities for your employer and include inco…
recorded as a liability (not an expense) until it is forwarde…
Current Liabilities
short-term obligations that will be paid or fulfilled within…
Accrued Liabilities
liabilities for expenses that have been incurred but not paid…
13 terms
Personal Finance Chapter 10
Personal financial planning
Goals
Values
Liquidity
Arranging to spend, save, and invest money to live comfortabl…
Things you want to accomplish.
The beleifs and principles you consider important, correct, a…
Ability to easily convert financial assets into cash without…
Personal financial planning
Arranging to spend, save, and invest money to live comfortabl…
Goals
Things you want to accomplish.
Financial Literacy - Chapter 10 - Terms
bear market
bond
bull market
contingencies
period in the stock market when prices are steadily decreasing
a debt instrument issued by a corporation or government
period in the stock market when prices are steadily increasing
unplanned or possible events
bear market
period in the stock market when prices are steadily decreasing
bond
a debt instrument issued by a corporation or government
Financial terms, chapter 10
capital budget
sensitivity analysis
fixed costs
variable costs
list of planned investment projects
analysis of the effects on project profitability of changes i…
costs that do not depend on the level of output
costs that change as the level of output changes
capital budget
list of planned investment projects
sensitivity analysis
analysis of the effects on project profitability of changes i…
Financial Accounting Chapter 10
Current Liabilities
The different types of current liabili…
Notes payable
Sales Taxes Payable
Is a debt that a company reasonably expects to pay (1) from e…
Notes payable. Accounts payable. Unearned revenues. Accrued l…
Companies record obligations in the form of written notes as
Many of the purchases in a retail stores are subject to sales…
Current Liabilities
Is a debt that a company reasonably expects to pay (1) from e…
The different types of current liabili…
Notes payable. Accounts payable. Unearned revenues. Accrued l…
financial chapter 10
discretionary income
principal
interest
compound interest
what you have left over after you have paid your bills
the amount of money deposited by a saver
what the financial institution pays the saver
interest computed on the original principal plus accumulated…
discretionary income
what you have left over after you have paid your bills
principal
the amount of money deposited by a saver
15 terms
Financial Peace - Chapter 10
accountability
free spirit
nerd
time poverty
The quality or state of being responsible, liable or answerable
a person who thinks everything will work out fine and typical…
a person who is picky about budgeting and details
a situation in which a person is lacking time, which leads to…
accountability
The quality or state of being responsible, liable or answerable
free spirit
a person who thinks everything will work out fine and typical…
18 terms
Financial Accounting Chapter 10
Accrued Liabilities
Contingent Liability
Current Liabilities
Debt-to-Assets Ratio
Previously unrecorded expenses that need to be adjusted at th…
Potential liability that has arisen as the result of a past e…
Short-term obligations that will be paid in cash (or fulfille…
Measures the proportion of total assets financed by debt, com…
Accrued Liabilities
Previously unrecorded expenses that need to be adjusted at th…
Contingent Liability
Potential liability that has arisen as the result of a past e…
30 terms
Personal Finance Chapter 10
Savings
Investing
Wealth
Emergency Fund
Money set aside for the future
A strategy to earn more on your money than the rate of inflat…
The accumulation of assets over your lifetime
Money set aside for unplanned expenses
Savings
Money set aside for the future
Investing
A strategy to earn more on your money than the rate of inflat…
19 terms
Financial Accounting Chapter 10
Bond Certificate
Bond Discount
Bond Premium
Callable Bonds
The bond document that each bondholder receives
The difference between the selling price and par when the bon…
The difference between the selling price and par when the bon…
Bonds that may be called for early retirement at the option o…
Bond Certificate
The bond document that each bondholder receives
Bond Discount
The difference between the selling price and par when the bon…
Personal Finance Chapter 10 Vocab
Bear Market
Bond
Bull Market
Contingencies
Period in the stock market when prices are steadily decreasing
A debt instrument issued by a corporation or government
Period in the stock market when prices are steadily increasing
Unplanned or possible events
Bear Market
Period in the stock market when prices are steadily decreasing
Bond
A debt instrument issued by a corporation or government
20 terms
Banking and Finance - Chapter 10
Maturity date
Face value
Debenture
Mortgage bond
The date when a bond will be repaid.
The dollar amount that the bondholder will receive at the bon…
A bond that is backed only by the reputation of the issuing c…
A bond that is backed by assets of the corporation, also call…
Maturity date
The date when a bond will be repaid.
Face value
The dollar amount that the bondholder will receive at the bon…
22 terms
Financial management chapter 10
1. emergencies... 2.vacations... 3.social ev…
1.home ownership... 2.education... 3.retirem…
1. the amount of your discretionary in…
discretionary income
short term needs
long term needs
factors of the amount of money you will save
what you have left over after you have paid your bills
1. emergencies... 2.vacations... 3.social ev…
short term needs
1.home ownership... 2.education... 3.retirem…
long term needs
17 terms
Chapter 10-Financial Planning
Liquidity
Interest
Consumer
Accumulate
The ability to easily convert financial assets into cash with…
The price that is paid for the use of another's money.
A person who purchases and uses goods or services.
To collect.
Liquidity
The ability to easily convert financial assets into cash with…
Interest
The price that is paid for the use of another's money.
15 terms
Personal Finance Chapter 10
Dwelling, Other Structures, Personal P…
HO-1, HO-2, HO-3
HO-4
HO-6
What are the four basic coverage's of home owners insurance?
basic policies for homeowners (HO)
renters insurance (HO)
condominium owners (HO)
Dwelling, Other Structures, Personal P…
What are the four basic coverage's of home owners insurance?
HO-1, HO-2, HO-3
basic policies for homeowners (HO)
13 terms
Chapter 10: Personal Financial Planning
personal financial planning
goals
values
liquidity
arranging to spend, save, and invest money to live comfortabl…
the things you want to accomplish
the beliefs and principles you consider important, correct, a…
the ability to easily convert financial assets into cash with…
personal financial planning
arranging to spend, save, and invest money to live comfortabl…
goals
the things you want to accomplish
36 terms
Chapter 10: Financial Institutions
Barter
Money
Fiat Money
Currency
The direct exchange of one set of goods or services for anoth…
Anything that serves as a medium of exchange, a unit of accou…
Money that only has value because the government says so. (Am…
Coins and paper bills used as money.
Barter
The direct exchange of one set of goods or services for anoth…
Money
Anything that serves as a medium of exchange, a unit of accou…
5 terms
Personal Finance Chapter 10
Accountability
Free Spirit
Nerd
Time poverty
The quality or state of being responsible, liable or answerab…
A person who thinks that everything will work out fine and ty…
A person who is picky about budgeting and details.
A situation in which a person is lacking time, which leads to…
Accountability
The quality or state of being responsible, liable or answerab…
Free Spirit
A person who thinks that everything will work out fine and ty…
Personal Financial Literacy Chapter 10
Adjustable Rate Mortgage
Annual Percentage Rate
Collateral
Cosigner
Mortgage with a rate that may go up or down. Rate changes at…
Interest rate that shows what a borrower is actually paying w…
Assets that have been pledged against a loan repayment.
A person, other than the original borrower who signs for a lo…
Adjustable Rate Mortgage
Mortgage with a rate that may go up or down. Rate changes at…
Annual Percentage Rate
Interest rate that shows what a borrower is actually paying w…
25 terms
Personal Financial Planning (Chapter 10)
Insurance coverage that protects real…
Insurance that protects against the fi…
A cause of loss
Failing to act in a reasonable manner…
Property Insurance
Liability Insurance
Peril
Negligence
Insurance coverage that protects real…
Property Insurance
Insurance that protects against the fi…
Liability Insurance
25 terms
Personal Finance Chapter 10
actual cash value
bodily injury liability losses
captive agent
claims adjustor
A value assigned to an insured property that is determined by…
A PAP provision that protects the insured against claims made…
An insurance agent who represents only one insurance company…
An insurance specialist who works for the insurance company,…
actual cash value
A value assigned to an insured property that is determined by…
bodily injury liability losses
A PAP provision that protects the insured against claims made…
Financial Accounting Chapter 10: Liabilities
Current Liability
Current Liabilities
Notes Payable
Notes Payable Journal Entry
A debt with two key features:... - It can reasonably be expecte…
1. Notes Payable... 2. Accounts Payable... 3. Unearned Revenues... 4.…
Obligations in the form of written promissory notes that usua…
Cash 100k... Notes Payable 100k... Interest Expense 4k... Interest P…
Current Liability
A debt with two key features:... - It can reasonably be expecte…
Current Liabilities
1. Notes Payable... 2. Accounts Payable... 3. Unearned Revenues... 4.…
Chapter 10 Financial Accounting
Issued Shares
Par Value
Statement of Stockholder's Equity
Stock Split
The number of shares sold or distributed to stockholders
An arbitrary amount that is stated on the face of the stock c…
A statement that reflects the differences between beginning a…
Creation of additional shares of stock and reduction of the p…
Issued Shares
The number of shares sold or distributed to stockholders
Par Value
An arbitrary amount that is stated on the face of the stock c…
Finance Chapter 10
Return on Investment (ROI)
Return has 2 components
capital gain/loss
selling stock
if you buy an asset of any sort, your gain (or loss) from tha…
1. you may receive some cash directly while you own the inves…
total dollar return = dividend income + capital gain (or loss)
total cash if stock is sold = initial investment + total return
Return on Investment (ROI)
if you buy an asset of any sort, your gain (or loss) from tha…
Return has 2 components
1. you may receive some cash directly while you own the inves…
5 terms
Foundations in Personal Finance Chapter 10
Accountability
Free Spirit
Nerd
Time poverty
The quality or state of being responsible, liable or answerable
A person who thinks that everything will work out fine and ty…
A person who is picky about budgeting and details
A situation in which a person is lacking time, which leads to…
Accountability
The quality or state of being responsible, liable or answerable
Free Spirit
A person who thinks that everything will work out fine and ty…
26 terms
Financial Accounting Chapter 10
Bond Certificate
Bonds
Callable Bonds
Capital Lease
A legal document that indicates the name of the issuer, the f…
A form of interest-bearing notes payable issued by corporatio…
Bonds that the issuing company can redeem (buy back) at a sta…
A contractual agreement allowing one party (the lessee) to us…
Bond Certificate
A legal document that indicates the name of the issuer, the f…
Bonds
A form of interest-bearing notes payable issued by corporatio…
45 terms
BUS chapter 9 and 10 - Finance and Financial Market
financial Capital
finance
Risk - return tradeoff
financial Capital acquired through:
the funds a firm uses to acquire its assets and finance its o…
the functional area of business that is concerned with findin…
observation that with financial opportunities that offer high…
Direct contributions by owners, reinvestment of earnings, loa…
financial Capital
the funds a firm uses to acquire its assets and finance its o…
finance
the functional area of business that is concerned with findin…
Financial Accounting Chapter 10
Depreciation
Factors of Depreciation
Straight-line Method
Units of Production
The process of allocating an asset's cost to expense over it'…
-Estimated useful life... -Capital cost = amount that will be al…
(Cost - Residual Value)/ Useful life (yr)
(Cost - Residual Value)/ Useful life in Units
Depreciation
The process of allocating an asset's cost to expense over it'…
Factors of Depreciation
-Estimated useful life... -Capital cost = amount that will be al…
Financial Literacy- Chapter 10
short term needs
long term needs
scholarship
student loans
expenses beyond your regular monthly items
expenses that are costly and require years of planning and sa…
cash allowances awarded to students to help pay education costs
money borrowed to pay for education
short term needs
expenses beyond your regular monthly items
long term needs
expenses that are costly and require years of planning and sa…
Finance Chapter 10
-Net present value (NPV)... -Profitabilit…
Net present value (NPV)
Profitability index (PI) (benefit-cost…
Internal rate of return
Four Criteria for evaluating and selecting investment projects
The present value of net (operating) cash flows from the proj…
The ratio of the present value of expected net cash flows ove…
Defined as the discount rate that equates the present value o…
-Net present value (NPV)... -Profitabilit…
Four Criteria for evaluating and selecting investment projects
Net present value (NPV)
The present value of net (operating) cash flows from the proj…
26 terms
Financial Accounting Chapter 10
Bond Certificate
Bonds
Callable Bonds
Capital Lease
A legal document that indicates the name of the issuer, the f…
A form of interest-bearing notes payable issued by corporatio…
Bonds that the issuing company can redeem (buy back) at a sta…
A contractual agreement allowing one party (the lessee) to us…
Bond Certificate
A legal document that indicates the name of the issuer, the f…
Bonds
A form of interest-bearing notes payable issued by corporatio…
32 terms
Financial Algebra Chapter 10 Vocab
assets
bar graph
budget check-off matrix
budget line graph
A person's property or what is owned.
A type of graph or data display that uses rectangular bars to…
Where there are no amounts in the budget, but rather check ma…
A type of graph is used when a consumer is comparing two cate…
assets
A person's property or what is owned.
bar graph
A type of graph or data display that uses rectangular bars to…
23 terms
Financial Lit Chapter 10
Bear market
Bond
Bull market
Contingencies
Period in the stock market when prices are steadily decreasing
A debt instrument issued by a corporation or government
Period in the stock market when prices are steadily increasing
Unplanned it possible events
Bear market
Period in the stock market when prices are steadily decreasing
Bond
A debt instrument issued by a corporation or government
5 terms
Financial Accounting: Chapter 10
investor
investee
security
debt security
the owner of a bond or stock of a corporation
the corporation that issued the bond or stock to the investor
a share or interest representing financial value
represents a credit relationship with another company or gove…
investor
the owner of a bond or stock of a corporation
investee
the corporation that issued the bond or stock to the investor
Finance Chapter 10: Personal Finance
personal financial planning
goals
values
liquidity
it is arranging to spend, save, and invest money to live comf…
the things you want to accomplish
the beliefs and principles you consider important, correct, a…
the ability to easily convert financial assets into cash with…
personal financial planning
it is arranging to spend, save, and invest money to live comf…
goals
the things you want to accomplish
39 terms
Chapter 10 Financial markets
Residual claim
limited liability of stockholders
legal entity
regular way of delivery
you are the last security holder in line to receive anything…
all you can lose is what you invested
can't sign own name like a corporation
T+3
Residual claim
you are the last security holder in line to receive anything…
limited liability of stockholders
all you can lose is what you invested
31 terms
Financial Markets: Chapter 10
Asset
Balance Sheet
Bank Capital
Bank Leverage
Anything of value owned by a person or a firm; in particular,…
A statement that shows an individual's or a firm's financial…
The difference between the value of a bank's assets and the v…
The ratio of the value of a bank's assets to the value of its…
Asset
Anything of value owned by a person or a firm; in particular,…
Balance Sheet
A statement that shows an individual's or a firm's financial…
22 terms
personal finance chapter 10
annual percentage yield
grants
interest
loan consolidation
the actual interest rate an account earns stated on a yearly…
forms of educational funding that do not have to be repaid
earnings on principal
combining many loans into one large loan with one monthly pay…
annual percentage yield
the actual interest rate an account earns stated on a yearly…
grants
forms of educational funding that do not have to be repaid
11 terms
Financial Accounting Chapter 10
Debt ratio
Face value
Determinable current liabilities
open account
liabilities as a percentage of total assets
the actual cash payment when a liability is due
liabilities that can be precisely measured and the amount of…
accounts set up between suppliers and those selling the suppl…
Debt ratio
liabilities as a percentage of total assets
Face value
the actual cash payment when a liability is due
Financial Literacy - Chapter 10 - Terms
bear market
bond
bull market
contingencies
period in the stock market when prices are steadily decreasing
a debt instrument issued by a corporation or government
period in the stock market when prices are steadily increasing
unplanned or possible events
bear market
period in the stock market when prices are steadily decreasing
bond
a debt instrument issued by a corporation or government
14 terms
Chapter 10 Campaign Finance
soft money
hard money
Federal Election Commission
political action committee (PAC)
unregulated political contributions made in such a way as to…
political donations that are regulated by law through the Fed…
A six-member bipartisan agency created by the Federal Electio…
Funding vehicles created by the 1974 campaign finance reforms…
soft money
unregulated political contributions made in such a way as to…
hard money
political donations that are regulated by law through the Fed…
Finance 331: Chapter 10
INSURANCE
TYPES OF RISKS
Risk
Peril
- Protection against possible financial loss; gives you peace…
...
Uncertainty or lack of predictability, such as to loss that a…
the cause of a possible loss, such as fire, windstorm, robber…
INSURANCE
- Protection against possible financial loss; gives you peace…
TYPES OF RISKS
...
20 terms
Financial Accounting Chapter 10
Corporate Charter
Authorized Shares
Issued Shares
Outstanding Shares
The document that authorizes the creation of the corporation.
The maximum number of shares the business may issue in each c…
The number of shares actually sold to stockholders.
The number of issued shares actually in the hands of stockhol…
Corporate Charter
The document that authorizes the creation of the corporation.
Authorized Shares
The maximum number of shares the business may issue in each c…
27 terms
Chapter 10 Finance
10-1 CASH FLOW ESTIMATION (pg.164-168):
10-1a Relevant Cash Flows (pg.164-165):
-Relevant Cash Flows (pg.164)
10-1b Incremental (Marginal) Cash Flow…
The most important, and also the most difficult, step in the…
One important element in cash flow estimation is the determin…
The specific cash flows that should be considered in a capita…
In evaluating a capital project, we are concerned only with t…
10-1 CASH FLOW ESTIMATION (pg.164-168):
The most important, and also the most difficult, step in the…
10-1a Relevant Cash Flows (pg.164-165):
One important element in cash flow estimation is the determin…
9 terms
Finance Chapter 10
Incremental Cash Flows
Stand-alone Principle
Sunk Cost
Opportunity Cost
The difference between a firm's future cash flows with a proj…
The assumption that evaluation of a project may be based on t…
A cost that has already been incurred and cannot be removed a…
The most valuable alternative that is given up if a particula…
Incremental Cash Flows
The difference between a firm's future cash flows with a proj…
Stand-alone Principle
The assumption that evaluation of a project may be based on t…
Finance Chapter 10
Insurance
Insurance company
Insurer
Policy
Protection against possible financial loss
A risk-sharing firm that assumes financial responsibility for…
An insurance company
A written contract for insurance
Insurance
Protection against possible financial loss
Insurance company
A risk-sharing firm that assumes financial responsibility for…
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