Question 1

Which form of capital is expected to remain permanently invested in the firm?

Select one:

a. Political capital

b. Natural resources

c. Equity capital

d. Debt capital

e. Human capital

question 2

Which is a calculation of the firms total financing required in the upcoming year?

Select one:

a. Forecasted sales less forecasted liabilities

b. Forecasted total assets less actual total assets for the most recent year end

c. Retained earnings plus forecasted accounts payable and forecasted accruals

d. The sum of the cost of all projects a firm expects to undertake in the upcoming year

e. Forecasted total assets less forecasted liabilities and equity

question 3

Balance sheet assets: 1. Always have a value equal to total liabilities minus shareholders equity 2. Are listed in order of increasing liquidity 3. Represent items acquired with the use of liabilities and equity

Select one:

a. 3 only

b. 1 only

c. 1 and 2 only

d. 2 and 3 only

e. 1, 2, and 3