Managerial Finance at University Of The Western Cape | Flashcards & Summaries

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Lernmaterialien für Managerial Finance an der University of the Western Cape

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financial services

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The area of finance concerned with the design and delivery of advice and financial products to individuals, businesses, and governments.

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partnership

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partnership

A business owned by two or more people and operated for profit.

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articles of partnership

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The written contract used to formally establish a business partnership.

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managerial finance

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Concerns the duties of the financial manager in a business.

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sole proprietorship

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A business owned by one person and operated for his or her own profit.

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finance

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The science and art of managing money.

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stockholders

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stockholders

The owners of a corporation, whose ownership, or equity, takes the form of either common stock or preferred stock.

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dividends

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Periodic distributions of cash to the stockholders of a firm.

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common stock

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The purest and most basic form of corporate ownership.

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Financial managers

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administer the financial affairs of all types of businesses

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Advantages of a corporation 

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Limited liability

Unlimited life

Separation of ownership and management

Transfer of ownership is easy

Easier to raise capital

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Advantages of a partnership

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Two or more owners

More capital available

Relatively easy to start

Income taxed once as personal income

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  • 18712 Karteikarten
  • 2101 Studierende
  • 24 Lernmaterialien

Beispielhafte Karteikarten für deinen Managerial Finance Kurs an der University of the Western Cape - von Kommilitonen auf StudySmarter erstellt!

Q:

financial services

A:

The area of finance concerned with the design and delivery of advice and financial products to individuals, businesses, and governments.

Q:

partnership

A:

partnership

A business owned by two or more people and operated for profit.

Q:

articles of partnership

A:

The written contract used to formally establish a business partnership.

Q:

managerial finance

A:

Concerns the duties of the financial manager in a business.

Q:

sole proprietorship

A:

A business owned by one person and operated for his or her own profit.

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Q:

finance

A:

The science and art of managing money.

Q:

stockholders

A:

stockholders

The owners of a corporation, whose ownership, or equity, takes the form of either common stock or preferred stock.

Q:

dividends

A:

Periodic distributions of cash to the stockholders of a firm.

Q:

common stock

A:


The purest and most basic form of corporate ownership.

Q:

Financial managers

A:

administer the financial affairs of all types of businesses

Q:

Advantages of a corporation 

A:

Limited liability

Unlimited life

Separation of ownership and management

Transfer of ownership is easy

Easier to raise capital

Q:

Advantages of a partnership

A:

Two or more owners

More capital available

Relatively easy to start

Income taxed once as personal income

Managerial Finance

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