Last year, a firm paid $30,000 in interest expense and its long-term debt increased from $45,000 at the beginning of the year to $65,000 at the end of the year. What was the cash flow to creditors last year?

A loan where the borrower pays interest each period and repays SOME or ALL of the principal of the loan over time is called a(n) ________ loan.

A firm has 1.5 million shares outstanding. EBIT is $6 million and interest paid is $2 million. If the corporate tax rate is 21%, what are earnings per share (EPS)?

What is the present value of the following cash flow today? Assume an interest rate of 4%.             Year:                  0             1             2             3            4           5             Cash Flow:      -$800     -$300    +$400     +$600     +$500     +$500                     

What is the present value of the following cash flow today? Assume an interest rate of 6%.               Year:                  0            1            2             3            4         5             Cash Flow:     -$800     -$300    +$400     +$600    +$600     $500

A financial manager is responsible for determining whether to pay cash for a purchase or use the credit offered by the supplier.  Which of the following financial management area(s) would be involved in the decision process? I. Capital budgeting II. Capital structure III. Working capital management

What is the future value in 12 years of $1,000 payments received at the beginning of each year for the next 12 years? Assume an interest rate of 6.50%.

The corporate officer generally responsible for tasks related to tax management, cost accounting management, and financial accounting management is the:

The total interest is comprised of               

A loan where the borrower pays interest each period and repays ALL of the principal of the loan over time is called a(n) ________ loan.