Quiz Ch 01 – T/F The Value of Financial Assets
Fundamentals of Corporate Finance
Brealey, Myers, and Marcus
10th Edition
True or false: Financial assets derive their value from being claims on the cash generated by the firm’s real assets.
True or false: Financial assets derive their value from being claims on the cash generated by the firm’s real assets.
Business and accounting decisions are influenced by three factors: economic, legal, and financial.
True or false: The board of directors has the primary responsibility for major investment decisions.
For corporations, owners’ equity is referred to as stockholders’ equity.
What is the term used to describe the choice of the proper mixture of debt and equity to finance a corporation?
What is the term used to describe the firm’s purchase of real assets?
What is the term used to describe the sale of financial assets by a corporation?
What is the primary objective of financial management in relation to increasing it?
What is the primary aim of a properly functioning financial market?
What is the primary objective of financial management?