Question
1. Which of the below is a use of cash? a. Credit Sales b. Retirement of debt (paying off loans and bonds) c. Bank loans
1. Which of the below is a use of cash?
a. Credit Sales
b. Retirement of debt (paying off loans and bonds)
c. Bank loans
d. Cash sales of equipment or other assets of the company
2. Which of the statement below is false
a. We can separate short-term and long-term decision into three dimensions: the length of impact, the cost, and the degree of information gathering prior to the decision
b. the longer the impact and the higher of cost associated with a decision, the greater the time and degree for gathering information on choices and the more complex the decision model.
c. Long-term decision are called capital budgeting and typically viewed as decision that have long-term impacts that are not easily reversed or that can be changed only at great cost
d. An example of short-term decision is determining the number of manufacturing facilities that the firm should operate.
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