Icore finance answers Study guides, Class notes & Summaries

S - Cash inflows derived from sales revenue during a given year Esubscript ND - Annual expenses on items that cannot be depreciated Items that cannot be depreciated - raw materials, labor, consulting, expertise Cfside - The cash flow impact that this project would have on the firm's other projects and products After-tax quantity and considers both side effects and opportunity costs Accounts for indirect impacts T - Firm's income tax rate Ed - New expenses for depreciable...

Primary Market - market for the sale of new securities by corporations Initial Public Offering (IPO) - first offering of stock to the general public Primary Offering - the corporation sells shares in the firm Common Stock - ownership shares in a publicly held corporation Secondary Market (Wall Street) - market in which previously issued securities are traded amongst investors Dividend - Periodic cash distribution from the firm to the shareholders P/E Ratio - ratio of sto...

Financial Contract - The exchange of money or cash flow across time Financial Security - A financial contract that trades in a financial market. T-Bill - The U.S. Government promises to deliver a single cash flow at some set date within a year’s time. This future flow of cash is called the bill's face value or par value. (Money Market Security and Debt security- zero coupon debt) < 1 year Commercial Paper - Similar to T-Bill except instead of the government, a corporation is i...