Bcor 2204 quiz 1
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1. financial services concerned with design and delivery of advice and financial products
to individuals, businesses, and governments
2. Managerial Finance involves tasks such as budgeting, financial forecasting, cash manage-
ment, and funds procurement
3. Profit maximization as a Does not consider risk
goal
4. Board of directors is re- Approving strategic goals and plans
sponsible for
5. Agency problem may re- Job security
sult from a managers con-
cerns about...
6. Profitability Ratios Used as measures of return
7. A current ratio of 2.9 Can meet it's short term obligations without difficulty
means a corporation
8. Inventory turnover ratio May Indicate a firm is experiencing stockouts and lost sales
9. Inventory turnover ration Measures the activity or liquidity of a firms stock of goods
also..
10. Total asset turnover ratio indicates the efficiency with which the firm uses its assets to generate
sales
11. external sales forecast is The relationship between a firms sales and certain key economic
based on indicators sucks as GDP and consumer confidence
12. Sale forecast is The key input to the short term financial planning process
13. Sales forecast
1/2
Study online at https://quizlet.com/_7fpnsz
1. financial services concerned with design and delivery of advice and financial products
to individuals, businesses, and governments
2. Managerial Finance involves tasks such as budgeting, financial forecasting, cash manage-
ment, and funds procurement
3. Profit maximization as a Does not consider risk
goal
4. Board of directors is re- Approving strategic goals and plans
sponsible for
5. Agency problem may re- Job security
sult from a managers con-
cerns about...
6. Profitability Ratios Used as measures of return
7. A current ratio of 2.9 Can meet it's short term obligations without difficulty
means a corporation
8. Inventory turnover ratio May Indicate a firm is experiencing stockouts and lost sales
9. Inventory turnover ration Measures the activity or liquidity of a firms stock of goods
also..
10. Total asset turnover ratio indicates the efficiency with which the firm uses its assets to generate
sales
11. external sales forecast is The relationship between a firms sales and certain key economic
based on indicators sucks as GDP and consumer confidence
12. Sale forecast is The key input to the short term financial planning process
13. Sales forecast
1/2
