Exercise 2. 1. asset, 2. balance sheet, 3. collection period ratio, 4. corporate finance, 5. cost of goods sold, 6. current assets, 7. dividend, 8. inventory, 9. leverage, 10. payables, 11. receivables, 12. stock buyback, 13. term loan

Exercise 3.time value, investments, interest, cash flows, present, future, adjusting, mechanism, compounded, discounted, stream, annuities, model, pattern, inflows, outlay, alternative, valuation