One of the most important priorities for someone interested in careers in finance is _______________.
Honesty
Future sales revenues generally provides the greatest part of a firm's ______________.
Financing
A ________________________ is a guaranteed line of credit.
revolving credit agreement
The term to describe payments made to stockholders is: ____________.
Dividends
Venture capital firms invest in _______.
small firms that have the potential to be very successful
Money received from the sale of shares of ownership in a business is called _______.
equity capital
______________ is not required for most short-term financing.
Collateral
The right to vote on major corporate actions by Amazon belongs to its _______.
common stockholders
These type of investors are often wealthy investors who provide financial backing for small businesses or start ups.
Angel investors
The following is the most commonly used payment option today.
Debit card
Type of short-term financing extended by a seller who does not require immediate payment after delivery of merchandise.
Trade credit
As a stockholder in GE, one knows that it is required by law to have a stockholder meeting _______.
once a year
A financial statement that projects income, expenditures, or both over a specified future period.
Budget
The following enables larger businesses to pay employees’ wages and salaries directly into their bank accounts, saving the expense of paper checks?
Automatic clearinghouse (ACH)
What type of business is likely to get the prime interest rate for a short-term loan?
Large corporation with excellent credit
This stockholder does not vote, but receives dividends first.
Preferred stockholders
Venture capital firms typically consist of a pool of investors, partnerships of established families, or ____________.
Corporations with money to invest
Portion of corporation's profits NOT distributed to stockholders is called __________.
Retained earnings
Financing not backed by collateral.
unsecured financing
A market in which an investor purchases financial securities directly from the issuer of securities.
Primary market