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Check Your Progress
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1
Define working capital management.
2
How can a company speed up cash flow? Why should it?
3
Describe the various types of marketable securities.
4
What does it mean to have a line of credit at a bank?
5
What are fixed assets? Why is assessing risk important in capital budgeting?
6
How can a company finance fixed assets?
7
What are bonds and what do companies do with them?
8
How can companies use equity to finance their operations and long-term growth?
9
What are the functions of securities markets?
10
What were some of the principal causes of the most recent recession?







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