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QUESTION 4 Which of the following investments is NOT likely to be a proper investment for temporarily idle cash? 01.commercial paper. 2. treasury bills. 3.
QUESTION 4 Which of the following investments is NOT likely to be a proper investment for temporarily idle cash? 01.commercial paper. 2. treasury bills. 3. recently issued, high-grade corporate bonds. 4. certificates of deposit. QUESTION 5 Considered alone, which of the following would INCREASE a company's current ratio? 1. An increase inpocrued liabilities. 2. An increase in notes payable. 3. An increase in net fixed assets. 4. An increase in accounts receivable. QUESTION 6 In order to minimize financial risk, 1. Short-term debt should be used to finance short-term assets. 2. Long-term debt should be used to finance short-term assets 3. Short-term debt should be used to finance all assets. 4. Long-term debt should be used to finance all asset purchases
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