Question
Which of the following is not a condition under which a prudent manager would accept some risk in financing? Predictable cash-flow patterns Inventory is highly
Which of the following is not a condition under which a prudent manager would accept some risk in financing?
Predictable cash-flow patterns | ||
Inventory is highly perishable. | ||
The price of inventory is stable. | ||
Basic access to capital markets |
For most modern corporations, the more cash they have, the better off they are.
True
False
just-in-time inventory management typically pushes the cost of holding inventory from the manufacturer to the manufacturer's suppliers.
True
False
Characteristics of a money market deposit account include
a lower risk than money market funds. | ||
insurance by federal agencies. | ||
generally a limit of three deposits or withdrawals per month. | ||
All of the options |
It is difficult to acquire a loan in U.S. dollars outside the United States.
True
False
Which of the following is NOT a characteristic of commercial paper?
It is issued by large firms. | ||
It has a one- to two-year maturity. | ||
Its rates are usually below prime rates on business loans. | ||
All of these options are commercial paper characteristics. |
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