Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following is not a condition under which a prudent manager would accept some risk in financing? A) Predictable cash-flow patterns B) Inventory

Which of the following is not a condition under which a prudent manager would accept some risk in financing?

A) Predictable cash-flow patterns

B) Inventory is highly perishable

C) Price of inventory is stable

D) Easy access to capital markets

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_step_2

Step: 3

blur-text-image_step3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Changing Geography Of Banking And Finance

Authors: Pietro Alessandrini ,Michele Fratianni ,Alberto Zazzaro

1st Edition

ISBN: 1441947205, 978-1441947208

More Books

Students also viewed these Finance questions