(M) Chapter 11: Financial Preparation for Entrepreneurial Ventures (Lec-based) Flashcards
Enumerate the simplest bank accounts
Savings & Current
Time Deposit
Money market
Foreign Currency
Credit Cards
Enumerate the Securities Investing
STOCKS
BONDS
MUTUAL FUNDDDSSS!!!!!
Enumerate the Financial Statement Analysis
Balance Sheet
Income Statement
Financial Rations
Enumerate Insurance & Social Security
Principles
SSS, PHIC, HDMF
Bank accounts are used for____ personal cash and earn (minimal) interest
safekeeping
Instrument for banks to acquire business capital and/or for further
investment
Bank Accounts
Which does not belong
- Savings Account
- Checking or Current Account
- Time Deposit
- Passbook
- ATM
- Balance Sheet
- Hybrid accounts
EDI BALANCE SHEET (financial statement analysis)
Type of depositors that are eligible for personal loans, car loans, housing loans, mortgage, etc.
Premium
T or F. The OTC Passbook is available for savings, checking and time depo
T
T or F. The holding period of checking are:
Days: 30, 60, 90, 180
Years: 1, 5, 10
Pre-termination Fees
F (time depo)
T or F. The cheque book feature is only available in checking.
T
andAll-in-one savings, current, and time deposit
MMA (money market acc)
T or F. The ADB for MMA starts at 200K
f (100k)
- Minimum deposit amounts differ per currency
- Interest is tiered and depends on currency
- Cash access thru: OTC-passbook, chequebook, ATM, online.
- Subject to withholding tax.
Foreign Currency Accounts
Stocks represent _____ of a (publicly traded) corporation — thus, stockholders become partial owners of the company
shares of ownership (equity)
when a corporation goes public, i.e. starts selling stocks
IPO (Initial Public Offering)
inviting potential shareholders or stockholders to buy your stocks
private PLACEMent
high risk, high return depending on the stock market fluctuations
Common Stock
usually fixed returns, thus, low risk and low return
Preferred Stock
purchase and selling price of stocks
stock price
number of shares of stock
stock volume
earnings of the company shared to stock holders
dividends
currency value of shares of stock
stock value
T or F. In P/E ratio of stocks, high could mean stocks are not popular and Low could mean overvalued, and bought a lot.
F (baliktad)
T or F. In the dividend yield, earnings are high and/or company pays low dividends but if the earnings are low or company pays high dividends
F (high pays = high dividends/ low pays = low dividends)
Securities sold (issued) by corporations, financial institutions or the government to interested investors without ownership.
Bond
T or F. When enterprises sell STOCKS to interested investors they are actually borrowing money from the bondholders.
F (bond)
price of bond at initial purchase; amount to be returned upon maturity of the bond.
PAr/face Value
interest paid once or several times a year until
maturity for bonds
Coupon
Formula for bondholder to sell prior to maturity:
Returns = F + I − P
Funds setup by investment companies or are investment companies themselves
Mutual funds
Funds that invest on a strategic mix of stocks, bonds, and money market.
Mutual funds
Mutual funds are maintained by _____ who are paid based on earnings of the fund — earnings are somehow guaranteed.
investment managers
T or F. In. Mutual funds, large amount of investment is (usually) required
T
What is NAVPS
net asset value per share
withdrawing money from your creditlimit (interest:fixedsurcharges)
cash advance
It is a payment network that allow customers to borrow funds within a pre-approved limit
Credit card
