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Introduction to Financial Management Flashcards | StudBud

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Introduction to Financial Management

10 terms·StudBud Administration·144 plays

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Questions 10

Answers

1
Liquidity =
Assets/Liabilities
Current Liabilities/Current Assets
Liabilities/Assets
Current Assets/Current Liabilities
2
________ is the extent to which business can meet it's financial commitments in long term
Efficiecy
Liquidity
Selvency
Solvency
3
_________ is not an objective of financial management
Liquinity
Solvency
Efficiency
Growth
4
Financial objectives are established....
For industry super funds
to win at all costs
to purchase McDonald's after school
as part of the business's objectives
5
A business that cannot pay its bills on time...
Services cut off
Credit rating falls
All of the Above
Supplier won't wish to trade with them
6
Liquidity is...
long term financial efficency
How quickly you can drink water
How quickly an asset may be converted into cash
not a financial objective
7
Gross Profit is calculated as
Revenue - GOGS
Revenue - COGS
1 + 1 = Window
COGS - Revenue
8
Profitability is...
is not a objective of financial management
How much money you need to survive
Expenses - Revenue
the earnings reported in the company's financial statements
9
A small business may have high costs because it cannot achieve....
big business status
shareholders
economies of scale
economic gains
10
Return on investment provides equity through capital or shares
True
False