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Exam (elaborations)
Intro to Finance Exam 1
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---10March 20242023/2024A+
- Financial Services Correct Answers the area of finance concerned with the design and delivery of advice and financial products to individuals, businesses, and governments 
 
managerial finance Correct Answers concerned with the duties of the financial manager working in a business 
 
financial managers Correct Answers administer the financial affairs of all types of businesses- private and public, large and small, profit-seeking and not-for-profit 
 
sole proprietorship Correct Answers a busines...
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Exam (elaborations)
Intro To Finance
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---13March 20242023/2024A+
- Apprenticeship Correct Answers Process of giving or receiving guidance 
Finance is known for this 
 
Corporate Finance Correct Answers Real Estate Firms 
Corporations 
Private Equity Firms 
 
Buy Side Correct Answers Mutual Funds 
Hedge Funds 
Foundations and endowments 
Insurance CO and Pension 
Family Offices 
 
Chinese Wall Correct Answers Separates M and A etc. and private investments etc. within an investment bank 
 
Finance measure of returns Correct Answers Cash flows 
 
Accounting measur...
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Exam (elaborations)
Intro to Finance
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---11March 20242023/2024A+
- capital budgeting or capital expenditure (CAPEX) decision Correct Answers decision to invest in tangible or intangible assets 
 
financing decision Correct Answers form and amount of financing of a firm's investments 
 
equity investors Correct Answers investors in a company who become shareholders by contributing equity financing 
 
debt investors Correct Answers when investors lend money to a company and will eventually need to be repaid. 
 
Real assets Correct Answers acquired by invest...
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Exam (elaborations)
Intro to Finance Sterling Discernment
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---7March 20242023/2024A
- sets overall financial strategy 
treasurer 
responsible for financing, cash management, and relationship with banks and other 
financial institutions that hold the firms securities. 
controller 
responsible for budgeting, accounting, and taxes. Ensures money is used efficiently 
Main goal of shareholders 
Maximize the current market value of shareholders' investment in the firm. 
opportunity cost of capital 
minimum acceptable rate of return on capital investment; aka hurdle rate 
agency proble...
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Thompson12
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Exam (elaborations)
Intro to Finance MIDTERM EXAM A+ SOLUTIONS 2024
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---3February 20242023/2024A+
- The balance sheet provides the ___________ of the assets, liabilities and equity of the firm? - ANS-book value
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