Q1. What differentiates "discretionary financing needs" from "external financing needs"?
b. retained earnings
d. spontaneous liabilities
Q2. A discretionary form of financing would be
a. notes payable.
b. accounts payable.
c. accrued ex
Case Study Analysis
Weighted Rubric Score:_
Work does not reflect
1. Describe the differences in appearance among the three spectra.
Bands of blue red and green
Lines on dark background
Black and white
2. What feature of the light source do the spectra represent? In other words, what is it that you
are actually analyzin
Financial statements are a product of the accounting cycle. Think about two different
companies: a manufacturing company, and a retail company. Why would different
companies have different accounting cycles? Would you expect the steps of
Chapter 6 (11ed. Ch.)4
Risk and Return: The Basics
Assume that you recently graduated with a major in finance, and you just landed a job as a
financial planner with Barney Smith Inc., a large financial services corporation. Your first