Financial Mgmt Rutgers
Exam 1 questions and
answers 2025
3 questions to ask when starting a business -
answer 1. What long-term investments (buildings,
machinery, and equipment)?
2. How will you finance it, other owners or borrow?
3. How will you manage financial activities?
Two offices a CFO handles - answer Controller and
Treasurer
Controller - answer cost and financial accounting,
tax payments, and management info systems
Treasurer - answer Managing cash and credit,
financial planning, and capital expenditures
Capital Budgeting - answer the process of planning
and managing a firm's long-term investments
must evaluate size, timing, and risk of future cash
flows
,Capital structure - answer the specific mixture of
long-term debt and equity the firm uses to finance
its operations
Working capital - answer a firm's short-term assets
and liabilities
1) Cash and inventory on hand
2) Sell on credit? What terms?
3) How to get short-term financing
Sole Proprietorship - answer A business owned by
one person
Keep all profit but there is unlimited liability
life limited to the owner's life span
difficult to transfer
Partnership - answer two or more owners
General partnership - answer all the partners share
in the gains and losses, and all have unlimited
liability for all partnership debts
, Limited partnership - answer one or more general
partners and one or more limited partners
limited partners have limited liability. it is limited
to their contribution to the business
Corporation - answer A legal "person", separate
and distinct from its owners
articles of incorporation and a set of bylaws
unlimited life and easily transferred ownership.
limited liability
articles of incorporation - answer a written legal
document that defines ownership and operating
procedures and conditions for the business
bylaws - answer rules describing how the
corporation regulates its existence
double taxation - answer profits are taxed at
corporate level and personal level
Los beneficios de comprar resúmenes en Stuvia estan en línea:
Garantiza la calidad de los comentarios
Compradores de Stuvia evaluaron más de 700.000 resúmenes. Así estas seguro que compras los mejores documentos!
Compra fácil y rápido
Puedes pagar rápidamente y en una vez con iDeal, tarjeta de crédito o con tu crédito de Stuvia. Sin tener que hacerte miembro.
Enfócate en lo más importante
Tus compañeros escriben los resúmenes. Por eso tienes la seguridad que tienes un resumen actual y confiable.
Así llegas a la conclusión rapidamente!
Preguntas frecuentes
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
100% de satisfacción garantizada: ¿Cómo funciona?
Nuestra garantía de satisfacción le asegura que siempre encontrará un documento de estudio a tu medida. Tu rellenas un formulario y nuestro equipo de atención al cliente se encarga del resto.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller BRAINBOOSTERS. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for $16.49. You're not tied to anything after your purchase.