Question
22. The CFO of Syntex Labs needs cash to cover cash flow problems and signs a note to sell $1,000,000 of receivables to General Finance
22. The CFO of Syntex Labs needs cash to cover cash flow problems and signs a note to sell $1,000,000 of receivables to General Finance Holding Company. She has just signed for:
a promissory note
commercial paper
factoring
a loan, like a bank loan
too broad a question as any of the above could serve as an answer
23. If an analyst were looking for the key to a companys extremely high return, he/she might likely find it as a factor of the companys:
material costs
legal monopoly status
risks undertaken
barriers to entry
barriers to entry, legal monopoly status and risks undertaken
24. The Federal Bank is directed by:
a chairperson
a board of governors
the Department of the Treasury
a chairperson and a board of governors
a chairperson, a board of governors, and the Department of the Treasury
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