WGU D076 Finance Skills for Managers Questions & Answers | Latest 2023/24 | Updated & Verified | Guaranteed Success | 40 Pages

Which area of finance deals with sources of funding and the capital structure of corporations and seeks to increase the value of a firm to its owners? 1. Real estate 2. Business finance 3. Financial institutions 4.Investments - Business finance What is the primary goal of the financial manager of a firm? 1. To minimize the costs of the firm 2. To maximize the manager's utility 3. To maximize owner wealth 4.To minimize the asset holdings of the firm - To maximize owner wealth What is the primary aim of personal finance goals? 1.To maximize shareholders' utility by increasing a firm's value2.To create more wealth and returns on investments 3.To maximize satisfaction from products purchased and services obtained 4.To increase consumption of goods and services - To maximize satisfaction from products purchased and services obtained Which task does a financial manager perform when choosing to obtain a loan to purchase a piece of equipment for a new project? 1.Making inventory control decisions 2.Making investment decisions 3.Making financing decisions 4.Making credit standard decisions - Making financing decisions Which financial career focuses on investing capital into firms whose shares are not currently sold on any public stock exchange? 1.Corporate finance