Question: 1 . Organizations called _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

1. Organizations called _____________________________________________________________ make short-term loans to borrowers who offer tangible assets as collateral.
2. In a process known as _____________________________________________ a firm periodica
3. Borrowed capital that will be repaid over a specific time period longer than one year is called _______________________________________________________.
4. A line of credit called a _________________________________ is guaranteed by the bank and usually comes with a fee.
5.______________________________________ is a promissory note that requires the borrower to repay the loan in specified installments.
6._________________________________________ is a loan that is not backed by any specific assets.
7. Managers called _______________________________________________ make recommendations to top executives regarding strategies for improving the financial strength of a firm.
8. Funds known as ___________________________________________________ are raised from operations within the firm or through the sale of ownership in the firm (stock or venture capital).
9.____________________________________________ is the rate of return a company must earn in order to meet the demands of its lenders and expectations of its equity holders.
10. A written contract or _____________________________________________ is a promise to pay a supplier a specific sum of money at a definite time.
11._____________________________________________________________ is a prediction of revenues, costs, and expenses for a period of one year or less.
12. Funds raised through various forms of borrowing that must be repaid are called ______________________________________________________________________________
13._________________________________________________is the budget that ties together all of a firm's other budgets; it is a projection of dollar allocations to various costs and expenses needed to run or operate the business given projected revenue.
14.______________________________________________________ is a loan backed by something valuable, such as property.
15. A forecast called a ______________________________________________________ predicts cash inflows and outflows in future periods, usually months or quarters.
16. A given amount of unsecured short-term funds or a _______________________________ is what a bank will lend to a business, provided funds are readily available.
17. A bond backed only by the reputation of the issuer is known as a debenture bond, or a(n)____________________________________________________________.
18. Raising needed funds through borrowing to increase a firm's rate of return is called________________________________________________________________________.
19.__________________________________________is used to describe the process of selling accounts receivable for cash.
20.____________________________________________ highlights a firm's spending plans for major asset purchases that often require large sums of money.
21. A financial plan that sets forth management's expectations called a (n)____________________________________ allocates the use of specific resources throughout the firm.
22._______________________is a prediction of revenues, costs and expenses for a period longer than one year, sometimes extending 5 or 10 years into the future.
23. Unsecured promissory notes of $100,000 and up are known as ________________________________ and mature in 270 days or less.
24. The practice of __________________________ is buying goods and services today and paying for them later.
25. The term ___________________________________ refers to borrowed capital that will be repaid within one year.
26. The function in a business called ______________________________________ is acquiring funds for the firm and managing funds within the firm.
27. The principle of _____________________________________________ means the greater the risk a lender takes in making a loan, the higher the interest rate required.
28. A bond issued with some form of collateral is a ________________________________________.
29. The terms of the agreement in a bond issue are known as __________________________________.
30._____________________________________ estimates a firm's projected cash inflows and outflows that the firm can use to plan for any cash shortages or surpluses during a given period.
31. The job of managing the firm's resources so it can meet its goals and objectives is _________________________________.
32. Major investments ________________________________________________ are for long-term assets such as land, buildings, equipment, or intangible assets such as patents, trademark

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