[经管营销]罗斯公司理财名词解释习题答案.docVIP

CONCEPT QUESTIONS - CHAPTER 1 ( What are the three basic questions of corporate finance? a. Investment decision (capital budgeting): What long-term investment strategy should a firm adopt? b. Financing decision (capital structure): How much cash must be raised for the required investments? Short-term finance decision (working capital): How much short-term cash flow does company need to pay its bills. ( Describe capital structure. Capital structure is the mix of different securities used to finance a firms investments. ( List three reasons why value creation is difficult. V