Question
Which of the following is not an objective of the cash management process? a. Determine the appropriate level of cash that must be kept on
Which of the following is not an objective of the cash management process?
| a. Determine the appropriate level of cash that must be kept on hand. | ||
| b. Determine the best means by which to collect cash owed to the firm. | ||
| c. Determine the appropriate rate of return on the company's total assets. | ||
| d. Determine the best way to invest the temporary excess cash reserves of the firm. | ||
| e Determine the best way to pay for materials, services, etc., provided to the firm. |
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Financial Management In The Sport Industry
Authors: Matthew T Brown, Daniel Rascher, Mark S Nagel, Chad Mcevoy
1st Edition
1934432040, 978-1934432044
