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I need help with this!!! Costs involved in managing cash include: O no interest earned on cheque accounts. O merchant fees for debit cards. O
I need help with this!!!
Costs involved in managing cash include: O no interest earned on cheque accounts. O merchant fees for debit cards. O all of the above. O keeping cash secure from thieves. The penalty for insolvency is: O a possible jail term for the shareholders. O the winding up of the entity. O a fine determined by the ASIC. O an increase in the tax rate payable for the next 2 years. Which of the following businesses would be most likely to have the greatest proportion of working capital held as debtors? O A restaurant O A coffee shop O A grocery retailer An accountant Manufacturers hold raw materials inventory so: Othey are immune to sudden changes in price. Otheir warehouses are not sitting empty too much of the time. Othere is sufficient time between delivery and use for the quality to be checked. O production is not affected by disruptions in supply, Risk in finance: O is defined as the unmeasurable variation in outcomes. O none of the options explain risk in finance. O can never be measured with any degree of confidence. O is defined as measurable variation in outcomes. Sources of funding that can help an entity maintain an appropriate level of net working capital include: all of the options are sources of funding. O spontaneous. O temporary O permanent. Which of these is a 'holding' cost of inventory? O Deterioration and obsolescence O Display costs O All of these options are 'holding' costs of inventory. O Theft If working capital is allowed to increase to an inappropriately high level: O it can reduce the average rate of return on assets. Othere will be an opportunity cost of doing so. O all of the options are true. O it can reduce the average rate of return on equity. Which of the following businesses would be most likely to have the greatest proportion of working capital held as inventory? O A grocery retailer O An accountant O A medical practice O An auto repair shopStep by Step Solution
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