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Examen
Exam (elaborations) Corporate Finance20
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---59julio 20242023/2024A+
- 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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