The PERT describes the critical path. It’s the path that takes the longest to complete. In this path we can’t admit delays
The PERT describes the critical path. It’s the path that takes the shortest to complete. In this path we can’t admit delays
The other two answers are wrong
The precedent of PERT method is:
Gantt chart
Fiedler chart
McGregor chart
Which method allows us to know what the process is but we don’t know if the activity C follows the activity A or the activity B?
Gantt chart
Fiedler chart
McGregor chart
To achieve the competitiveness we must achieve the costs that allow good prices, but there are two problems:
The market sets the prices and we can’t reduce the costs by reducing the quality
The firm sets the prices and we can’t reduce the costs by reducing the quality
The other two answers are wrong
What is the meaning of R, D&i?
Research, Development and Innovation
Research, Development and Imagination
Research, Development and Initiative
The . . . helps us to decide the best technology for our firm and it also indicates to us if we must buy it or if we must invest in a R + D + i department
Technological matrix
Investment matrix
Innovation matrix
A/an . . . is a set of exclusive rights granted by a state (national government) to an inventor or their assignee for a limited period of time (in Spain 20 years) in exchange for a public disclosure of an invention.
Patent
Utility model
Trademark
A/an . . . is a distinctive sign or indicator used by an individual, business organization, or other legal entity to identify that the products or services to consumers originate from a unique source, and to distinguish its products or services from those of other entities.
Patent
Utility model
Trademark
Types of costs according to the way they are charged to the project or to the product:
Direct costs and indirect costs
Fixed costs and variable costs
Marginal costs and average costs
. . . costs are those for activities or services that benefit more than one project. Their precise benefits to a specific project are often difficult or impossible to trace. For example, it may be difficult to determine precisely how the activities of the director of an organization benefit a specific project.
Indirect
Marginal
Average
Type of costs according to their dependence of the volume of activities:
Direct costs and indirect costs
Fixed costs and variable costs
Marginal costs and average costs
. . . costs are volume-related (and are paid per quantity)
Variable
Marginal
Direct
The . . . is the point at which cost or expenses and revenue are equal: there is no net loss or gain.
Break-even point (BEP)
Net Present Point (NPP)
Gross Present Point (GPP)
. . . is the marginal profit per unit
P - UVC
Unit Contribution Margin (C)
The other answers are correct
Technical . . . may occur when a new product or technology supersedes the old, and it becomes preferred to utilize the new technology in place of the old. Historical example of superseding technologies include CD-ROM over floppy disk which allowed for greater storage capacity and speed
Obsolescence
Depreciation
Deflation
It’s the level of inventory that minimizes the total inventory holding costs and ordering costs
Economic order quatity
Payback
IRR
An . . . (or transaction spillover) is a cost or benefit, not transmitted through prices, incurred by a party who did not agree to the action causing the cost or benefit
Externality
Expense
Amortization
Types of externalities:
Positive and negative
Direct and indirect
Attanaible and unattanaible
. . . externalities refer to a special type of externality that depends on the relative rankings of actors in a situation. Because every actor is attempting to "one up" other actors, the consequences are unintended and economically inefficient.
Positional
Situational
Intended
A . . . is any structure that allows buyers and sellers to exchange any type of goods, services and information
Market
Stock exchange
Barter
Types of markets according to the type of goods:
Goods and services market and factor market
Free market and controlled market
Transparent market and non transparent market
Types of markets according to the intervention of the government:
Goods and services market and factor market
Free market and controlled market
Transparent market and non transparent market
Types of markets according to the knowledge of the buying and selling conditions.-
Goods and services market and factor market
Free market and controlled market
Transparent market and non transparent market
Types of markets according to the product:
Perfect market and imperfect market
Open market and protected market
Market of no elaborate products and market of elaborate products
Types of markets according to the participants:
Perfect market and imperfect market
Open market and protected market
Market of no elaborate products and market of elaborate products
Types of markets according to the degree of elaboration of the product:
Perfect market and imperfect market
Open market and protected market
Market of no elaborate products and market of elaborate products
Types of markets according to the buyer’s links with the channels of distribution:
Perfect market and imperfect market
Open market and protected market
Wholesaler markets and retailer markets
A/an . . . has many buyers and many sellers and the products are homogeneous
Perfect competition market
Monopolistic competition market
Oligopoly
A/an . . . has many buyers and many sellers and the products are different
Perfect competition market
Monopolistic competition market
Oligopoly
A/an . . . has many buyers and few sellers
Oligopoly
Oligopsony
Bilateral oligopoly
A/an . . . has many buyers and one seller
Monopoly
Monopsony
Bilateral monopoly
A/an . . . has few buyers and many sellers
Oligopoly
Oligopsony
Bilateral oligopoly
A/an . . . has few buyers and few seller
Oligopoly
Oligopsony
Bilateral oligopoly
A/an . . . has few buyers and one seller
Limited monopoly
Limited monopsony
Limited oligopsony
A/an . . . has one buyer and many sellers
Monopoly
Monopsony
Bilateral monopsony
A/an . . . has one buyer and few sellers
Limited monopsony
Limited monopoly
Limited oligopoly
A/an . . . has one buyer and one seller
Monopoly
Monopsony
Bilateral monopoly
Types of markets according to the number of buyers and sellers and the product:
Perfect competition and imperfect competition
Perfect market and imperfect market
Wholesaler markets and retailer markets
Types of markets according to the type and applications of the product:
Consumer markets and industrial markets
Wholesaler markets and retailer markets
Perfect competition and imperfect competition.-
Marketing is one-to-one in nature, high value considered purchase, purchase decision is typically made by a group of people, often the buying/selling process is complex and includes many stages and selling activities involve long processes of prospecting, qualifying, wooing, making representations, preparing tenders, developing strategies and contract negotiations. These are the main features of the . . . selling process
B2B
B2C
P2B
The decision of purchase is the outcome of a long process, the demand is a derived demand, the prices’ fluctuation influence very little in the demand of this firms (they have an inelastic demand), in closed markets, the demand is very concentrated, therefore it’s difficult the entry of other firms of this type, the volume of purchase is is very high and the final decision to purchase is a team decision. These are the characteristics of the . . .markets’ behaviour.-
Wholesale
Retailer
Manufacture
Many buyers/many sellers, low-entry/exit barriers, perfect Information, firms aim to maximize profits and homogeneous products. These are the characteristics of . . .
Perfect competition
Monopolistic competition
Imperfect competition
Provide secondary and or primary data, analyze Macro & Micro economic data, implement the marketing mix concept, analyze market trends, growth, market size, market share, market competition, determine market segment, market target, market forecast and market position, formulating market strategy & also investigating the possibility of partnership/ collaboration, and combine those analysis with the business plan/ business model analysis. These are the steps that could do an enterprise to . . .
Analyze the market
Decrease the market
Increase the market
Type of data for the market research:
Primary data and secondary data
Internal data and external data
Direct data and indirect data
. . . data are collected by the investigator conducting the research
Primary
Secondary
Tertiary
Surveys, observation and experimentation are the ways to obtain . . . data
Primary
Secondary
Tertiary
. . . are a research technique for measuring markets that use the same sample of respondents on a continuous basis
Consumer Panels
Observations
Surveys
A/an . . . is a written document that details the necessary actions to achieve one or more marketing objectives. It can be for a product or service, a brand, or a product line
Marketing plan
Marketing file
Marketing summary
Types of utilities:
Utility of shape, utility of time and space and utility of possession
Utility of shape, utility of time and space and utility of prestige
Utility of possession, utility of time and space and utility of prestige
A/an . . . is a sub-set of a market made up of people or organizations sharing with one or more characteristics that cause them to demand similar product and/or services based on qualities of those products such as price or function.
Market segment
Market share
Market quote
A true . . . meets all of the following criteria: 1) it is distinct from others, 2) it is homogeneous within itself, 3) it responds similarly to a market stimulus, and 4) it can be reached by a market intervention
Market segment
Market share
Market quote
The four Ps' are:
Product, price, place and promotion
Product, price, productivity and profitability
Product, price, production and purchase
Components of the total product:
The basic product, the formal and tangible aspects and the Increased aspects
The basic product, the intangible aspects and the successful aspects
The basic product, the informal aspects and the successful aspects
A/an . . . is the identity of a specific product or service. It can take many forms, including a name, sign, symbol, color combination or slogan.
Brand
Label
Pin
What type of brand name is UPS?
Acronym
Descriptive
Evocative
What type of brand name Airbus is?
Acronym
Descriptive
Evocative
What type of brand name Amazon is?
Acronym
Descriptive
Evocative
What type of brand name Kodak is?
Neologism
Foreign word
Founder's name
What type of brand name Volvo is?
Neologism
Foreign word
Founder's name
What type of brand name Hewlett-Packard is?
Neologism
Foreign word
Founder's name
What type of brand name Cisco is?
Foreign word
Founder's name
Geography
What type of brand name Betty Crocker is?
Acronym
Neologism
Personification
The supplier of a key component, used by a number of suppliers of the end-product, may wish to guarantee its own position by promoting that component as a brand in its own right. The most frequently quoted example is Intel, which secures its position in the PC market with the slogan "Intel Inside".
Deriver brand
Brand extension
Multi-brands
The existing strong brand name can be used as a vehicle for new or modified products; for example, many fashion and designer companies extended brands into fragrances, shoes and accessories, home textile, home decor, luggage, sunglasses, furniture, hotels, etc.
Deriver brand
Brand extension
Multi-brands
Alternatively, in a market that is fragmented amongst a number of brands a supplier can choose deliberately to launch totally new brands in apparent competition with its own existing strong brand (and often with identical product characteristics); simply to soak up some of the share of the market which will in any case go to minor brands.
Deriver brands
Brand extension
Multi-brands
How can we call private labels?
Own brands
Store brands
The other two answer are correct
A/an . . . is a piece of paper, polymer, cloth, metal, or other material affixed to a container or article, on which is printed a legend, information concerning the product, addresses, etc. It may also be printed directly on the container or article.
Label
Brand
Sign
Phases of the life of a product:
Introduction, growth, maturity and decline
Introduction, increase, decrease and finish
Introduction, increase, decrease and return
Chain of intermediaries, each passing the product down the chain to the next organization, before it finally reaches the consumer or end-user.... This process is known as the . . .
Distribution chain
Channel
The other two answers are correct
Available distribution channels:
Long channel (for consumer markets), short channel (for industrial markets), and direct sale
Long channel (for industrial markets), short channel (for consumer markets), and direct sale
The other two answers are wrong
Types of marketing channel:
Intensive distribution, selective distribution, and exclusive distribution
Direct distribution and indirect distribution
Direct distribution, indirect distribution, and mixed distribution
Types of intermediaries:
Sales representatives, wholesalers, and retailers
Manufacturers, sales representatives, wholesalers, and retailers
Manufacturers, sales representatives, wholesaler, retailers, and final consumer
Who reduce the number of links needed to sell the products?
The intermediaries
The wholesalers
The retailers
Which distribution has fixed costs?
Direct distribution
Indirect distribution
Marginal distribution
What is the communication link between sellers and buyers for the purpose of influencing informing, or persuading a potential buyer's purchasing decision?
Promotion
Sponsorship
Merchandising
Types of promotion:
Above the line promotion, and bellow the line promotion
In the line promotion, and out the line promotion
Before the line promotion, and after the line promotion
What is a non-personal form of communication intended to persuade an audience (viewers, readers or listeners) to purchase or take some action upon products, ideals, or services?
Advertising
Merchandising
Skimming
What is to support an event, activity, person, or organization financially or through the provision of products or services?
Sponsorship
Product placement
Sales promotion
What is a form of advertisement, where branded goods or services are placed in a context usually devoid of ads, such as movies, the story line of television shows, or news programs?
Product placement
Sponsorship
Merchandising
Media and non-media marketing communication are employed for a pre-determined, limited time to increase consumer demand, stimulate market demand or improve product availability. Examples include: a temporary reduction in the price, loyal reward program, coupons, etc.
Sales promotion
Product placement
Merchandising
What is the methods, practices, and operations used to promote and sustain certain categories of commercial activity. In the broadest sense, it's any practice which contributes to the sale of products to a retail consumer?. Examples.- The distribution of the products in the shop, the place to put the products on the shelves, the light, the colours, the music, the temperature, etc.
Merchandising
Product placement
Sponsorship
What is a field concerned with maintaining public image for commercial businesses and organizations. Common activities include speaking at conferences, working with the media, crisis communications, social media engagement, and employee communication?
Public Relations
Trade shows
Personal selling
What is an exhibition organized so that companies in a specific industry can showcase and demonstrate their latest products, service, study activities of rivals and examine recent market trends and opportunities?
Trade shows
Personal selling
Merchandising
What is a flexible pricing mechanism made possible by advances in information technology, and employed mostly by Internet based companies. By responding to market fluctuations or large amounts of data gathered from customers - ranging from where they live to what they buy to how much they have spent on past purchases - it allows online companies to adjust the prices of identical goods to correspond to a customer’s willingness to pay?
Dynamic pricing
Price leadership
Target pricing
What is the buying and selling of products or services over electronic systems such as the Internet and other computer networks?
E-commerce
Electronic commerce
The other two answers are correct
Electronic commerce that is conducted between businesses and consumers is referred to as:
B2C
B2B
P2P
What is the marketing of products or services over the Internet?
Internet marketing
Search Engine Marketing (SEM)
The other two answers are correct
Which of the following statements is correct?
The Corporate Assets are made up of an economic structure, goods and rights (the Assets); and a financial structure, liabilities (the Net worth and Liabilities)
The Corporate Assets are made up of a financial structure, goods and rights (the Assets); and an economic structure, liabilities (the Net worth and Liabilities)
The other two answers are wrong
Which of the following statements is correct?
Assets must be the same to Net worth plus Liabilities
Net worth must be the same to Liabilities plus Assets
Net worth must be the same to Liabilities minus Assets
Types of investment according to the object:
Industrial equipment, raw material, lorries, cars, boats, planes, etc., a firm or shares
Of renovation, of expansion, of improvement and modernization, strategics
Private and public
Types of investment according to its function in the firm:
Industrial equipment, raw material, lorries, cars, boats, planes, etc., a firm or shares
Of renovation, of expansion, of improvement and modernization, strategics
Private and public
Types of investment according to who makes the investment:
Industrial equipment, raw material, lorries, cars, boats, planes, etc., a firm or shares
Of renovation, of expansion, of improvement and modernization, strategics
Private and public
Main characteristics of an investment:
Liquidity, profitability, and security
Liquidity, risk, and solvency
Liquidity, risk, and enforceability
. . . in capital budgeting refers to the period of time required for the return on an investment to "repay" the sum of the original investment.
Payback
Net Present Value
Internal Rate of Return
The . . . of a time series of cash flows, both incoming and outgoing, is defined as the sum of the present values (PVs) of the individual cash flows.
Net Present Value (NPV)
Net Present Worth (NPW)
The other two answers are correct
The . . . of an investment is the interest rate at which the costs of the investment lead to the benefits of the investment. This means that all gains from the investment are inherent to the time value of money and that the investment has a zero net present value at this interest rate.
Internal Rate of Return (IRR)
Net Present Worth
The other two answers are correct
Types of financing according to its origin:
Internal financing and external financing
Equity and liabilitites
Equity and liquidity
Types of financing according to who is the owner of the resources:
Internal financing and external financing
Equity and liabilities
Equity and liquidity
. . . is the name for a firm using its profits as a source of capital for new investment, rather than a) distributing them to firm's owners or other investors and b) obtaining capital elsewhere.
Internal financing
External financing
Equity
. . . are the amortization and the reserves
Internal financing
External financing
Equity
. . . consists of new money from outside of the firm brought in for investment
Internal financing
External financing
Equity
. . . are capital and liabilities
Internal financing
External financing
Equity
. . . is assets minus liabilities
Internal financing
External financing
Equity
. . . are capital, amortization and reserves
Internal financing
External financing
Equity
Advantages of . . .: capital is immediately available, no interest payments, no control procedures regarding creditworthiness, spares credit line, and no influence of third parties
Internal financing
External financing
Equity
Types of internal financing:
Maintenance internal finance and enrichment internal finance
Short term internal finance and log term internal finance
Long run internal finance and short run internal finance
. . . is the reduction in the value of an asset used for business purposes during certain amount of time due to usage, passage of time, wear and tear, technological outdating or obsolescence, depletion, inadequacy, rot, rust, decay or other such factors
Depreciation or amortization
Deflacion or inflation
The other two answers are correct
. . . credits are short term credits and they finance the current assets
Running
Financing
The other two answers are correct
. . . credits are long term credits and they finance the non-current assets
Running
Financing
The other two answers are correct
. . . value is the value of a share in the share certificate
Nominal
Market
Theoretical
. . . value = Share capital : Number of shares
Nominal
Market
Theoretical
. . . value is price of shares:
Nominal
Market
Theoretical
. . . is the price of a share according to objectives criteria
Nominal
Market
Theoretical
. . . value = Net worth : Number of shares
Nominal
Market
Theoretical
. . . value = (Capital + Reserves) : Number of shares
Nominal
Market
Theoretical
. . . value = Average dividend : interest rate
Nominal
Market
Theoretical
Types of shares according to the way of representation:
By means of a share certificate or by means of account notations
Monetary contribution or non monetary contribution
Bearing a person’s name or bearer shares
Types of shares according to the type of contribution:
By means of a share certificate or by means of account notations
Monetary contribution or non monetary contribution
Bearing a person’s name or bearer shares
Types of shares according to its ownership:
By means of a share certificate or by means of account notations
Monetary contribution or non monetary contribution
Bearing a person’s name or bearer shares
Shares must . . . while they are not totally paid
Bear a person's name
Be bearer shares
The other two answers are correct
Shares must . . . if the shareholders have agreed in the articles of association that several shareholders must give something to the firm
Bear a person's name
Be bearer shares
The other two answers are correct
Shares must . . . if the shareholders have agreed in the articles of association that the shares can’t be sold freely
Bear a person's name
Be bearer shares
The other two answers are correct
Types of shares according to the political rights of the shares:
With right to vote or without right to vote
Ordinaries or privileged
Bearing a person’s name or bearer shares
Types of shares according to the privileges that the shares have:
With right to vote or without right to vote
Ordinaries or privileged
Bearing a person’s name or bearer shares
To receive dividends, to participe in the corporation assets after the liquidation, to have a pre-emption right, to vote, to receive information, and to contest the corporate agreements
Bondholder rights
Shareholder rights
The two other answers are correct
Shares issued with premium or over par:
The issuing value is higher than the nominal value
The issuing value is the same as the nominal value
The issuing value is lower than the nominal value or they are given for free to the existing shareholders
Shares issued at par:
The issuing value is higher than the nominal value
The issuing value is the same as the nominal value
The issuing value is lower than the nominal value or they are given for free to the existing shareholders
Shares issued under par:
The issuing value is higher than the nominal value
The issuing value is the same as the nominal value
The issuing value is lower than the nominal value or they are given for free to the existing shareholders
. . . right is the right of existing shareholders to acquire newly issued shares issued by a company in a right issue, a usually but not always public offering
Pre-emption
Pre-acquisition
Pre-bought
So that an increase in capital is sucessfull, the issuing value of the new shares must be . . . that the market value of the existing shares
lower
higher
The other two answers are correct
The . . . right compensates the existing shareholders for the relative loss of influence inside the corporation and for the distribution of their savings among the propietors of the new shares
Pre-emption
Pre-acquisition
Pre-bought
To subscribe to new shares we must buy the number of pre-emption rights according to the corporate agreements (e.g. if a firm increases its capital in the proportion 1 x 5, to buy 100 shares we must buy . . . pre-emption rights, in adition)
500
300
600
The propietor of existing shares who doesn't want to buy the new ones . . . sell his pre-emption rights in the market
can
can't
The other two answers are correct
Pre-emption right formula:
R = [(Ev – Nv) x nn]: (en +nn)
R = [(Nv – Ev) x nn]: (nn +en)
The other two answers are correct
A . . . is like a loan: the issuer is the borrower (debtor), the holder is the lender (creditor), and the coupon is the interest
Bond
Share
Security
Which is the correct statement:
Bonds and stocks are both securities, but the major difference between the two is that stockholders have an equity stake in the company (they are owners), whereas bondholders have a creditor stake in the company (they are lenders).
Bonds and stocks are both securities, but the major difference between the two is that bondholders have an equity stake in the company (they are owners), whereas stockholders have a creditor stake in the company (they are lenders).
The other two answers are correct
They have a coupon that remains constant throughout the life of the bond
Fixed rate bonds
Floating rate notes(FRNs)
Zero-coupon bonds
They have a variable coupon that is linked to a reference rate of interest, such as Euribor.
Fixed rate bonds
Floating rate notes(FRNs)
Zero-coupon bonds
They pay no regular interest. They are issued at a substantial discount to par value, so that the interest is effectively rolled up to maturity (and usually taxed as such). The bondholder receives the full principal amount on the redemption date.
Fixed rate bonds
Floating rate notes(FRNs)
Zero-coupon bonds
In which the principal amount and the interest payments are indexed to inflation. The interest rate is normally lower than for fixed rate bonds with a comparable maturity.
Zero-coupon bonds
Inflation linked bonds
Asset-backed securities
They are bonds whose interest and principal payments are backed by underlying cash flows from other assets
Asset-backed securities
Zero-coupon bonds
Subordinated bonds
They are those that have a lower priority than other bonds of the issuer in case of liquidation. In case of bankruptcy, there is a hierarchy of creditors. First the liquidator is paid, then government taxes, etc. The first bond holders in line to be paid are those holding what is called senior bonds. After they have been paid, these bond holders are paid. As a result, the risk is higher. Therefore, these bonds usually have a lower credit rating than senior bonds.
Subordinated bonds
Asset-backed securities
Inflation linked bonds
A . . . is an entity which provides "trading" facilities for stock brokers and traders, to trade stocks and other securities.
Stock exchange
Market
The other two answers are correct
Which of the following statements is correct:
The initial offering of stocks and bonds to investors is by definition done in the primary market and subsequent trading is done in the secondary market
The subsequent trading is done in the primary market and the initial offering of stocks and bonds to investors is by definition done in the secondary market
The other two answers are correct
The . . . is an entity that oversees, inspects and controls the Spanish Stock exchange
Comisión Nacional del Mercado de Valores
Agencia Nacional del Mercado de Valores
Instituto Nacional de Control de las Bolsas
The . . . system is the system that allows the transfer of money between savers and borrowers. It's made up of banks, savings banks, insurance companies, the stock exchange, etc.
Financial
Banking
Money
Passive operations of commercial banks:
To borrow money
To lend money
The other two answers are correct
Active operations of commercial manks:
To borrow money
To lend money
The other two answers are correct
Passive operations of commercial banks:
Current accounts, saving accounts, and deposits
Loans, current account credits, and bill of exchange discount
The other two answers are correct
Active operations of commercial banks:
Current accounts, saving accounts, and deposits
Loans, current account credits, and bill of exchange discount
The other two answers are correct
Personal guarantees:
In the financing till five years (we must be responsible with all our personal assets)
In the financing over five years
The other two answers are correct
In rem guarantees (mortgage or security)
In the financing till five years (we must be responsible with all our personal assets)
In the financing over five years
The other two answers are correct
. . . is a financial transaction whereby a business sells its accounts receivable (i.e., invoices) to a third party at a discount in exchange for immediate money with which to finance continued business. It's expensive
Factoring
Leasing
Renting
. . . is a process by which a firm can obtain the use of a certain fixed assets for which it must pay a series of contractual, periodic, tax deductible payments. At the end the user has three options: to buy the asset, to continue with the contract or to return the asset
Leasing
Factoring
Vending
. . . is a financial metric which represents operating liquidity available to a business. Along with fixed assets such as plant and equipment, it's considered a part of operating capital.
Working capital
Financial capital
The other two answers are correct
Which is the correct statement:
Working capital = Current Assets – Current Liabilities
Working capital = Current Liabilities – Current Assets
Working capital = Non Current Liabilities – Non Current Assets
If current assets are less than current liabilities, an entity has a working capital . . . (Current Assets can't pay Current Liabilities).
Deficiency
Deficit
The other two answers are correct
The . . . measures how long a firm will be deprived of cash if it increases its investment in resources in order to expand customer sales. It is thus a measure of the liquidity risk entailed by growth.
Cash Conversion Cycle
Working Capital
Current Assets
. . . = Raw Material Conversion Period (Warehouse Conversion Period) + Goods in Process Conversion Period (Production Conversion Period) + Finished goods Conversion Period (Sales Conversion Period) + Receivables Conversion Period
Cash Conversion Cycle
Financial Conversion Cycle
Assets Conversion Cycle
. . . = Annual raw material purchases : Average raw material stock
Raw material rotation
Good in Process rotation
Finished goods rotation
. . . = Annual cost of production : Average goods in process stock
Raw material rotation
Goods in Process rotation
Finished goods rotation
. . . = Annual sales at factor cost : Average finished goods stock
Raw material rotation
Goods in process rotation
Finished goods rotation
. . . = Annual sales at market prices : Average receivables stock
Goods in Process rotation
Finished goods rotation
Payment from customers rotation
. . . is the movement of cash into or out of a business, project, or financial product. It is usually measured during a specified, finite period of time
Cash flow
Working Capital
Cash Conversion Cycle
. . . = Net Profit Before Tax + Amortizations - Tax
Cash flow
Working Capital
Cash Conversion Cycle
. . . = Gross profit - Interest
Net Profit Before Tax
Net Profit After Tax
The two other answers are correct
The . . . ratio (D/E) is a financial ratio indicating the relative proportion of shareholders’ equity and debt used to finance a company's assets. Closely related to leveraging, the ratio is also known as Risk, Gearing or Leverage
Debt-to-equity
Depreciation-to-equity
The other two answers are correctg
. . . structure refers to the way a corporation finances its assets through some combination of equity, debt, or hybrid securities
Capital
Assets
Liabilities
According to . . ., the optimum capital structure is the relationship between the liabilities and the equity that minimize the cost of the funds and maximize the firm value
The traditional thesis
Modigliani and Miller
Josep Faus
Accordign to . . ., an optimum capital structure doesn’t exist
The traditional thesis
Modigliani and Miller
Josep Faus
According to . . . it’s difficult to determine an optimum capital structure to any firm. The best thing is seeing the average capital structure of the sector firms
The traditional thesis
Modigliani and Miller
Josep Faus
Which is the correct statement:
If the obtained profits are higher than the interest that we must pay for them we obtain financial profitability
If the obtained profits are lower than the interest that we must pay for them we obtain financial profitability