Equity represents an ownership interest in a firm and entitles the holder to the residual cash flows.
举一反三
- Under which of the following conditions would a firm be most likely to issue variable-rate debt（） A: Operating cash flows are positively correlated with short-term interest rates. B: Operating cash flows are negatively correlated with short-term interest rates. C: The yield curve is sloping sharply downward.
- The ________ shows the assets, liabilities, and owners' equity of a firm, at a specific point in time. A: income statement B: balance sheet C: statement of cash flows D: trial balance
- Present value is defined as A: future cash flows discounted to the present by an appropriate discount rate. B: inverse of future cash flows. C: present cash flows compounded into the future. D: future cash flows multiplied by the factor[img=59x27]18030eb8dae724e.png[/img].
- Present value is defined as 未知类型：{'options': ['future cash flows discounted to the present by an appropriate discount rate.', 'inverse of future cash flows.', 'present cash flows compounded into the future.', 'future cash flows multiplied by the factor[img=59x27]17de8241f780826.png[/img].'], 'type': 102}
- The statement of cash flows reports: A: Revenues and expenses B: Assets and liabilities C: Cash inflows and cash outflows D: Changes in equity