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1. If the economy is in a decline, which type of current asset financing should be used?
a. compromise financing policy,
b. flexible financing policy,
c. restrictive financing policy,
d. maturity matching financing policy.
2. Which type of current asset financing policy is riskiest?
a. compromise financing policy,
b. flexible financing policy,
c. restrictive financing policy,
d. maturity matching financing policy.
3. Which type of current asset financing policy provides the lowest expected return?
a. compromise financing policy,
b. flexible financing policy,
c. restrictive financing policy,
d. maturity matching financing policy.
DD Question 3 2 pts 3. The purpose of financial statements contained in annual reports is to: () acommunicate information about the financial health of a company to external users. O assist internal managers in making pricing decisions. O both communicate information about the financial health of a company to external users and assist internal managers in making pricing decisions. O neither communicate information about the financial health of a company to external users nor assist internal managers in making pricing decisions.Answer: Reducing the number of December advertising spots and increasing the number to be run in January. Acceptable As the Decisions taken by company, it is a business related decision. Giving salespeople a double bonus to exceed December targets. Acceptable Since this offer is for motivating the employees and also to push the business and it is 3?. ethical way of improving business. 3. Extending the close of the fiscal year beyond December 31 so that some sales from next year are counted in the current fiscal year. Un accepted As it is against the rules of the maintaining accounts 4. Persuading customers to accept merchandise for shipment in December that they would normally not order until the following year. Acceptable As there is no bribes are offered to persuade the customer and sales are occurred in December month 5. Altering dates on shipping documents so that sales made in January of the next year appear to have occurred in December of the current year. Unaccepted As it is up ethical and against GAAP E. Deferring advertising costs by asking the outside advertising agency to delay sending out bills for December advertisements until January or by having the agency indicate that advertisements run in December were run in January. Unacceptable As the expenses spent on December and recording forJanuary F. Defer performing routine monthly maintenance on equipment by an outside vendor until January. Accepted; g the expenses not actually spent not on December. What should you do if the president suggests that these actions are taken in every division of 321 and that the consumer division will be greatly harmed if it does not present \"better" results than 3% growth? Major Number of Graduates Accounting 28 Finance 21 Info Systems 16 Management 24 Marketing 22 Grand Total 111 28 24 21 22 16
