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Question | Answer |
---|---|
what is the term for money raised from within the firm, from operations or through the sale of ownership in the firm? | equity financing |
what are cost centers, profit centers, variance analysis, costing methods? | issues in financial management |
what have the ability to turn assets into cash to pay short-term dept? | liquidity ratios |
the measure the company's ability to generate profit. | profitability ratios |
what measure the degree to which a firm relies on borrowed funds in its operations? | leverage ratios |
measure the effectiveness of the resources from an operational point of view? | activity ratios |
what is responsible for managing cash flow and raising new funds | treasurer is responsible |
what is preparing financial statement, preparing tax returns developing strategies to minimize taxes | chief accounting officer is responsible |
the economy grows and prosper through the efforts of improving their own situation in life. what is this term? | invisible hand |
2 branches of economics is | macroeconomics and microeconomics |