GET ORGANIZED
A business owned by a single individual
What is a sole proprietorship?
The effect on cash of an increase in accounts receivable
What is a use of cash?
What is yield to maturity?
The kind of market where companies sell securities direct to investors
What is a primary market?
It's what DCF stands for
What is discounted cash flow?
The kind of partner who has unlimited liability
What is a general partner
The cash that a firm has tied up in current assets and liabilities
What is net working capital?
The kind of price when a bond is selling for less than face value
What is a discount price?
The kind of market where investors sell securities to each other
What is a secondary market?
The difference between a project's cost and the discounted value of its cash flows
The kind of partner who isn't involved in running the business
What is a limited partner?
The amount of cash a firm uses to cover depreciation
What is zero?
The kind of price when a bond is selling for more than face value
What is a premium price?
The largest broker market for primary and secondary trading
What is the NYSE?
The rate of return that makes NPV zero
What is IRR?
A fictional person, in the eyes of the law
What is a corporation?
The part of the DuPont identity that measures how a firm utilizes its cash (and other assets)
What is asset turnover?
The kind of price when a bond's YTM is higher than its coupon rate
What is a discount price?
The largest dealer market for primary and secondary trading
What is the NASDAQ?
A decision criteria that ignores TVM, but is biased toward liquidity
What is the payback period?
It's what LLC stands for
What is limited liability company?
The strictest of all the liquidity ratios
What is the cash ratio?
The rate of return, when a bond is selling for face value
What is the coupon rate?
Dealer markets for primary and secondary trading, including the NASDAQ
What are OTC markets?
The decision criteria that breaks down when projects are mutually exclusive
What is IRR?