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Title: Fin 320F

Description: Exam 2

Total Flash Cards: 5

Created: 02/20/2009 11:42:41

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Additional Finance Flashcards

Cards in this set:

Term
Net working capital
Definition
current assets minus current liabilities. The more _____ the better the firm is able to pay debt as they come due.
Term
Debt ratio
Definition
measures the financial risk faced by a firm. The debt ratio equals total debt (both current and long-term) divided by total assets
Term
Assets
Definition
cash, marketable securities, accounts receivable, inventories, prepaid expenses, property, plant, equipment
Term
Debt
Definition
accounts payable, accruals, long-term debt
Term
Equity
Definition
pref & common stock, retained earnings



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