Question 4 Self-liquidating current assets should generally be financed by a) Long-term funds b) Short-term...

70.2K

Verified Solution

Question

Finance

Question 4

Self-liquidating current assets should generally be financed by

a) Long-term funds

b) Short-term funds

c) Borrowed funds

d) Internally generated funds

Question 5

In managing collections and disbursements of cash the financial manager should look at all these but

a) Float

b) Improving collections

c) Shortening disbursements

d) Synchronizing cash inflows and outflows

Question 9

Current assets that will remain in use long-term are called

a) Temporary Assets

b) Self-liquidating assets

c) Permanent current assets

d) d. None Of these

Question 10

Which generally carries the highest risk level?

a) 90 day certificate of deposit

b) Money market account

c) 120 day treasury bill

d) Accounts receivable generally collected in 15 days

Question 14

Which of these is likely to best describe a very seasonal business?

a) Working capital needs should hold steady over the course of the year

b) Revenue will be more cyclical and earnings per share more volatile

c) Working capital management will be easier due to the fluctuating nature of revenue

d) None of the above describe a seasonal business

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students