Their are four basic areas of finance: corporate finance, investments, financial institutions, and international finance, but the main subject of this class is corporate or business finance. Business finance looks at the role of financial managers in the business environment and how this role affects the wealth maximization goal of the firm. Review the attached link which provides information on careers in finance, then answer the following questions.

1. How can a better understanding of finance help me in my personal life?

2. How can an understanding of finance benefit me in my career or business?

1. If the economy is in a decline, which type of current asset financing should be used?

a. compromise financing policy,

b. flexible financing policy,

c. restrictive financing policy,

d. maturity matching financing policy.

2. Which type of current asset financing policy is riskiest?

a. compromise financing policy,

b. flexible financing policy,

c. restrictive financing policy,

d. maturity matching financing policy.

3. Which type of current asset financing policy provides the lowest expected return?

a. compromise financing policy,

b. flexible financing policy,

c. restrictive financing policy,

d. maturity matching financing policy.

Answer rating: 100% (QA)

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