FIN3300 Final Exam Review

Front

Which of the following is *not* one of the five basic areas of finance? Corporate Finance, Investments, Fintech

Back

Financial Engineering

Front

What is the primary goal of financial management?

Back

Maximize shareholder wealth

Front

Which decision involves managing a firm's short-term assets and liabilities?

Back

Working capital management

Front

What form of business organization offers limited liability and pass-through taxation? Options: Sole proprietorship, Corporation, Partnership, LLC

Back

LLC

Front

In which type of market are new securities issued?

Back

Primary market

Front

Which of the following is part of the accounting equation? Options: Assets = Liabilities + Expenses, Revenues = Assets - Liabilities, Assets = Liabilities + Equity, Equity = Assets + Liabilities

Back

Assets = Liabilities + Equity

Front

What does liquidity refer to?

Back

The ease of conversion to cash without losing value

Front

What is the difference between market value and book value?

Back

Market value shows actual worth; book value uses accounting values

Front

What are the components of cash flow from assets?

Back

Operating cash flow, capital spending, and change in net working capital

Front

Which section of the statement of cash flows includes interest and dividend payments?

Back

Financing activities