The ability to understand the short-term and long-term impact of investment decisions is a fundamental concept that a nonfinancial manager should understand in order to:
A) better assess the current environment in which the firm operates.
B) better assess future financing requirements.
C) better understand the role of capital markets in raising long-term funds.
D) None of the above.
A
You might also like to view...
Which kind of marketing involves sending an offer, announcement, reminder, or other item to a person at a particular address?
A) kiosk marketing B) digital direct marketing C) catalog marketing D) direct-mail marketing E) telephone marketing
In Year 1, Stock to the Hand, Inc., issued 40,000 shares of the 800,000 shares of $0.40 par value common stock it is allowed to sell. The total received from issuing its common stock is $400,000. Stock to the Hand bought back 4,000 shares of its stock at a cost of $14 each. On December 31, the last day of Year 1, Stock to the Hand declared and paid a $0.80 per share dividend to its common shareholders. Stock to the Hand has no preferred stock. Treasury Stock on the balance sheet at December 31, Year 1, equals ______.
a. -56000 b. -55000 c. 54000 d. 60000