Globotech, a company that develops technological innovations, invests its excess cash in a commercial certificate of deposit. If a cash shortage occurs, what will Globotech most likely do?

A.return the CD to the commercial bank or brokerage company and get its money back

B.trade the CD for a lower cost CD to obtain needed funds

C.sell the CD on the open market and obtain needed funds

D.find an unrelated way to obtain needed funds, since CDs must be held until maturity

E.wait for the CD to reach maturity and then trade it in for the needed funds Oscar's Automobile Shop invests the cash it earns in marketable securities, for periods as short as one day or for as long as one year, until it is needed. Which of the following is a temporary investment type Oscar's Automobile Shop would likely use to invest these funds? A.certificates of deposit

B.tradable equities

C.transaction balances

D.stock dividends

When Oliver's Oil Company bills its customers, it has them send their payments to an address that is just for receiving payments, instead of directly to the company's mailing address. Although this system costs Oliver's Oil Company a lot of money, it is worth it because the company receives thousands of checks from customers each business day. What system is this company using to receive its payments? A.an inventory box

B.a safety deposit box

C.a P.O. box

D.a lockbox

E.a transaction box

F. cash deposits Gwen is traveling internationally, selling her company's computer software. While she is in Scotland, she makes a deposit of $10,000 in a bank there. Which of the following short-term investments does this scenario describe? A.international deposits B.eurodollar deposits C.commercial paper D.commercial certificates of deposit E.international certificates of deposit