Financial Literacy

What are sources of Cash?

• Increase long-term debt
• Decrease equity
• Decrease current liabilities
• Increase fixed assets

What are uses of cash?

• Increase long-term debt
• Decrease current assets
• Increase fixed assets 
• Increase equity

What is liquidity?

• Current assets
• Speed and ease of conversion to cash without significant loss of value
• Current liabilities
• Long-Term Debt

What is bond maturity?

• Years until bond must be repaid
• The stated interest rate

What is the par value?

• Yield to maturity
• The face amount