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Examen
Exam (elaborations) Corporate Finance20
Corporate Finance20
Corporate Finance20
1. Balance-sheet model of the firm: I. left-hand side of the sheet: in what long-lived assets should the firm invest? – capital budget. II. Right-hand side: how can the firm raise cash for required capital expenditures? – capital structure. III. Net working capital = current asset – current liabilities: how should short-term operating cash flows be managed? 2. a firm sold gold for $10 and has yet to collect from the customer. The cost is $9: Income statement: Accounting view: prof...
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