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Corporate Finance

 productive assets
the tangible(equipment, machinery, or a manufacturing facility) and
intangible assets (patents, trademarks, technical expertise, or other types of
intellectual capital) a firm uses to generate cash flows

 capital budgeting
The decision-making process through which the firm purchases long-term
productive assets

 Equity
the amount of money that would be returned to a company’s shareholders
if all of the assets were liquidated and all of the company's debt was paid
off.

Shareholders′ equity=Total Assets−Total Liabilities


This is most often called “ownership equity,” also known as risk capital or
“liable capital.”
 Working Capital management
The management of current assets, such as money owed by customers who
purchase on credit, inventory, and current liabilities, such as money owed to
suppliers

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