Why should financial manager plan for uncertainty

Questions: (make sure you type the question out and answer)

1. Why should financial manager plan for uncertainty? For a business firm, what type of activities does financial management involve? How can effective financial management be helpful in uncertain economic times?

2. How does short-term financing differ from long-term financing? Give two business uses for each type of financing. What are the advantages and disadvantages of short-term and long-term financing?

3. What is the difference between equity capital and debt capital? What are the advantages and disadvantage of each

4. Describe the four sources of funds for a business.

5. Describe the traditional banking services provided by financial institutions.

6. How can a bank or other financial institution help American businesses to compete in the global marketplace?

7. What are the advantages and disadvantages of financing through the sale of stock?