Questions

1. What are the principal considerations in determining an overall credit policy? How do the actions of competitors affect a firm's credit policy?

3. 2. Why do exchange rates pose a challenge for financial managers of companies with international operations?

4. 3. What are the advantages and disadvantages of both debt and equity financing?

5. 4. Compare and contrast the three sources of short-term financing.

6. 5. Define venture capitalist, private equity fund, sovereign wealth fund, and hedge fund. Which of these four sources of funds invests the most money in start-up companies?