C214 financial management Actual Exam Questions And Answers

C214 financial management Actual Exam Questions And Answers intrinsic value - ANSWER- the value of an asset computed with an economic model. Based on the cash flows generated from the security, intrinsically it is work XX amount Terminal Cash Flow (TCF) - ANSWER- cash flows that result from winding down a project at the end of its life; does no include final year's differnetial cash flow. EFN - ANSWER- external financing or funds needed. Another name for DFN bond rating - ANSWER- a rating assigned to a firm to measure the probablity of default by a company like S&P or Moody's bulldog bonds - ANSWER- bonds issued in the UK and dominated in British pounds AR turnover - ANSWER- credit sales/ AR, a liquidity ratio American Depository Receipts ADR's - ANSWER- certificates issued by us banks and traded on us markets but represent shares of foreign stock long - ANSWER- to buy something operating balance - ANSWER- the amount of case the firm needs to pay its immediate bills float - ANSWER- delay between the payment form customers and the actual receipt of payments financing ratios - ANSWER- one of the four classifications of ratios designed to measure how the firm finances its operations. present value - ANSWER- how much spending power money has today Volcker Rule - ANSWER- the Vlockler rule limits bank investments in hedge funds and proprietary trading. leveraged recapitalizations - ANSWER- a strategy used by firms to increase their debt to equity ration opportunity costs - ANSWER- the costs associated with foregone opportunities to use cash or credit in an alternative way