Principles of Managerial Finance
Chapter 1 The Role of Managerial Finance
1.1 Define finance and the managerial finance function.
1) A financial analyst is responsible for maintaining and controlling the firm's daily cash
balances. Frequently manages the
Principles of Managerial Finance, 13e (Gitman)
Chapter 2 The Financial Market Environment
2.1 Understand the role that financial institutions play in managerial finance.
1) A financial institution is an intermediary that channels the savings of individual
Pontificia Universidad Catlica de Puerto Rico
Recinto de Mayagez
Departamento de Contabilidad
Course: CONT 213 Sec.:_
(Chapters 7, 8 & 9)
I. Select the correct answer: (2 pts. each)
To be useful
Chapter 1 - Solution to Problems
LG 1: Liability Comparisons
(a) Ms. Harper has unlimited liability.
(b) Ms. Harper has unlimited liability.
(c) Ms. Harper has limited liability, which guarantees that she cannot lose more than she
Special journals are used to make recording and posting frequently occurring transactions
Special journals are customized to fit the needs of each
business. Special journals are made up of special
columns labeled with acco
Accounting Principles, 6e
Weygandt, Kieso, & Kimmel
John Wiley & Sons, Inc.
CORPORATIONS: ORGANIZATION AND
CAPITAL STOCK TRANSACTIONS
Luego de estudiar este capitulo podras:
1 Identificar las caracte
Fundamental Accounting Equation
Assets = Liabilities + Owners Equity (Capital) Assets = anything a business owns, even if it is not paid for. Liabilities = anything a business owes. The creditors share of the assets. Owners equity = the owners share.