WGU C201 Chapter 17 questions with verified answers
accounts receivable Ans✓✓✓ uncollected credit sales
capital investment analysis Ans✓✓✓ process by which decisions are made
regarding investment in long lived assets
capital structure Ans✓✓✓ mix of a firm's debt and equity capital
commercial paper Ans✓✓✓ short term IOU sold by a firm; unsecured
controller Ans✓✓✓ functions include company bookkeeping, preparing financial
statements, and conducting internal audits
debit capital Ans✓✓✓ consists of funds obtained through borrowing
dividends Ans✓✓✓ periodic cash payments to shareholders
equity capital Ans✓✓✓ consists of funds provided by the firm's owners when
they reinvest earnings, make additional contributions, liquidate assets, issue stock
to the general public, or raise capital from outside investors
factor Ans✓✓✓ a discount
factoring Ans✓✓✓ short term financing backed by accounts receivable; business
sells accounts receivable to another firm at a discount
accounts receivable Ans✓✓✓ uncollected credit sales
capital investment analysis Ans✓✓✓ process by which decisions are made
regarding investment in long lived assets
capital structure Ans✓✓✓ mix of a firm's debt and equity capital
commercial paper Ans✓✓✓ short term IOU sold by a firm; unsecured
controller Ans✓✓✓ functions include company bookkeeping, preparing financial
statements, and conducting internal audits
debit capital Ans✓✓✓ consists of funds obtained through borrowing
dividends Ans✓✓✓ periodic cash payments to shareholders
equity capital Ans✓✓✓ consists of funds provided by the firm's owners when
they reinvest earnings, make additional contributions, liquidate assets, issue stock
to the general public, or raise capital from outside investors
factor Ans✓✓✓ a discount
factoring Ans✓✓✓ short term financing backed by accounts receivable; business
sells accounts receivable to another firm at a discount
