A municiple bond is - Study guides, Class notes & Summaries

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BFIN 300 Study Questions with Correct Answers A broker is an agent who: - Answer-brings buyers and sellers together Capital Budgeting - Answer-process of planning and managing a firms long-term investments Capital budget - Answer-dedication of business opportunities that are worth more to the business than what they cost to aquire Corporate finance seeks to answer - Answer-how will your decisions affect capital budgeting, working capital and capital structures Corporations face - An...

BFIN 300 STUDY QUESTIONS WITH CORRECT ANSWERS GRADED A+ long term debt ratio - Answer-long term debt / (long term debt + total assets) Times interest earned - Answer-EBIT/ interest expense Cash coverage ratio - Answer-(EBIT + Depreciation) / Interest debt/equity ratio - Answer-total liability/shareholders equity Current Ratio/NWC ratio - Answer-current assets/current liabilties quick ratio - Answer-(Current Assets - Inventory) / Current Liabilities Cash ratio - Answer-Cash / Cu...