Question
True / False The main objective of cash management is to maintain a high level of cash so that profitability is NOT affected and payment
True / False The main objective of cash management is to maintain a high level of cash so that profitability is NOT affected and
payment of long-term commitments is possible.
True / False Private investors and venture capital firms are individuals or groups of professionals with a vast amount of experience, contacts,
and business kills that can help a business become more profitable.
True / False Risk capital investors provide equity financing to small and untried enterprises, thereby absorbing much of the risk that commercial
lenders are unwilling to shoulder.
True / False Planning assumptions are boundaries upon which priorities, goals, plans, budgets and financial projections are based.
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