Which of the following companies are likely to have high short-term financing needs? Why? (a) The Hilton.
Question:
Which of the following companies are likely to have high short-term financing needs? Why?
(a) The Hilton.
(b) British Gas.
(c) Manchester United.
(d) Thomas Cook.
(e) Private Infrastructure Development Group.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (3 reviews)
Companies with high shortterm financing needs are likely to be Seasonal businesses Their revenue and ...View the full answer
Answered By
Muqadas Javed
I am a mentor by profession since seven years. I have been teaching on online forums and in universities. Teaching is my passion therefore i always try to find simple solution for complicated problems or task grasp them so that students can easily grasp them.I will provide you very detailed and self explanatory answers and that will help you to get good grade. I have two slogans: quality solution and on time delivery.
4.60+
24+ Reviews
144+ Question Solved
Related Book For
Corporate Finance
ISBN: 9780077173630
3rd Edition
Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe
Question Posted:
Students also viewed these Business questions
-
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
KYC's stock price can go up by 15 percent every year, or down by 10 percent. Both outcomes are equally likely. The risk free rate is 5 percent, and the current stock price of KYC is 100. (a) Price a...
-
Comparative financial statements of the Boeckman Company for 2009 and 2010 are as follows: Comparative Balance Sheets Comparative Income Statements Additional information: The Boeckman Company is...
-
Estimate the average number of bytes per frame for an MPEG file you own. That is, divide the size of the file by the approximate number of frames (you may assume 24 frames per second). Is this...
-
#1 Fluffy Pet Grooming deposits all cash receipts on the day they are received and all cash payments are made by check. At the close of business on June 30, its Cash account shows a $14,811 debit...
-
Brain and body. The correlation between body weight and brain weight is r = 0.86. How well does body weight explain brain weight for mammals? Give a number to answer this question, and briefly...
-
Lundquist, Inc., uses the group depreciation method for its furniture account. The depreciation rate used for furniture is 21%. The balance in the furniture account on December 31, 2010, was...
-
Question 13 of 75. Each of the following is considered on the insolvency worksheet EXCEPT: O The value of a pension plan The assets exempt from bankruptcy The separate assets of a spouse when fling...
-
Your friend has recently started up a new ice-cream shop business, but he is worried about the seasonality of cash flows his business will face, because the demand for ice cream will most likely be...
-
Review the different ways in which cash can increase or decrease in a firm. Use the accounting equation to support your answer. What are some of the characteristics of a firm with a long operating...
-
Describe the indirect method for determining net cash provided (used) by operating activities. LO11
-
3. Given the continuous beam shown below, which span or spans should be loaded with a uniform distributed load to produce a maximum moment at support B? (5 points) SPAN 1 SPAN 2 SPAN 3 A B D 20 ft...
-
Complete the following writing assignment: Analyze the attached 10_pages. Write_about them, summarize what you read, and connect it to personal experiences. CHAPTER 8 Anxiety Disorders DAVID P....
-
As a manager of an airline company you want to learn the average weight of luggages checked in on a flight. From a sample of 1 6 luggages, you find the average to be 2 6 kg and the standard deviation...
-
What is the Manufacturing Cycle Efficiency? 11. Use High-Low to find the fixed and variable costs. Machine Month Costs Hours 12345678 $1,730,890 15,820 $1,753,860 13,980 $1,562,890 11,550 4...
-
Jimmy Padilla purchased a gravel pit in the current year for $944,232 and estimates that there will be a residual value in the land of $36,404 once resource extraction is complete. He estimates that...
-
Chemical equations can also be used to represent physical processes. Write a chemical reaction for the boiling of water, including the proper phase labels.
-
Write a paper about medication error system 2016.
-
If investors recognize the impact of inflation and exchange rate changes on a firms cash flows, changes in exchange rates should be reflected in stock prices. How would the stock price of each of the...
-
Alpha and Omega are U.S. corporations. Alpha has a plant in Hamburg that imports components from the United States, assembles them, and then sells the finished product in Germany. Omega is at the...
-
Respond to the following comments. a. Our cost of debt is too darn high, but our banks wont reduce interest rates as long as were stuck in this volatile widget-trading business. Weve got to acquire...
-
September 23 for $1,050 each. On December 24 , it sold one of the diamonds that was purchased on July 9 . Using the specific identification method, its ending inventory (after the December 24 sale)...
-
Madsen Motors's bonds have 13 years remaining to maturity. Interest is paid annually, they have a $1,000 par value, the coupon interest rate is 8%, and the yield to maturity is 10%. What is the...
-
Builder Products, Incorporated, uses the weighted - average method in its process costing system. It manufactures a caulking compound that goes through three processing stages prior to completion....
Study smarter with the SolutionInn App