Fundamental of Financial Management

3. a post-office box maintained by a firm's bank that is used as a receiving point for customer remittances
6. The _____ market includes transactions in short-term financial instruments
7. ________ technological change and worldwide economic uncertainty are factors that may affect the job of the financial manager
10. example of a financial institution in Malaysia
12. A _____ average collection period assures us that accounts receivable are being efficiently managed
15. A firm's ______ is equal to its inventory turnover in days (ICP) plus its receivable turnover in days (ACP)
18. The financing decision involves determining how the assets will be financed with regard to the type and mix as well as the best ______ policy
19. there are ____ responsibilities of financial managers
20. The _____ approach to financing involves matching maturities of financing with specific assets

1. The current ratio is never larger than the _____ ratio
2. Accounts receivable and inventory are the principal assets used to secure _______ business loans
4. Owners equity increases each period by the amount of the corporation's _____ net cash flow
5. A _____balance account (ZBA) is one that automatically transfers just enough funds from a master account to each disbursement account to cover checks presented for payment.
8. a market where new securities are bought and sold for the first time
9. The expression "1/10, net 30" means that the customers receive a 10 percent discount if they pay within 1 day; otherwise, they must pay within 30 days with no ______
11. source of finance
13. Financial managers of today have ______ responsibilities than their counterparts of the early 20th century
14. Deciding on the total amount of assets needed by the firm is a key step in the _______ decision
16. The investment decision involves determining the optimal firm size and the assets that should be _______ or eliminated
17. The most common type of spontaneous financing is trade ______