- Study guides, Class notes & Summaries

what are the 5 guiding principles of Finance? - correct answers maximize wealth, time value of money, risk vs return, leverage, diversification leverage - correct answers the concept of how much debt a firm issues for its projects LBO - correct answers Leveraged buyout. This is when a firm is purchased with a ton of debt. Gross Profit = - correct answers sales - COGS AR turnover - correct answers Sales/AR EAR is - correct answers the annual rate to get a specific FV shareholder...