To shorten the financing period of the collection cycle a firm can speed up receivables and speed up payments
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: To shorten the financing period of the collection cycle a firm can speed up receivables and SLOW DOWN payments.
You might also like to view...
A company with stock options is considered to have a simple capital structure
Indicate whether the statement is true or false
The North American Free Trade Agreement (NAFTA) includes special protection for favored industries that have a lot of lobby muscle
Indicate whether the statement is true or false
Whenever all the constraints in a linear program are expressed as equalities, the linear program is said to be written in
a. standard form. b. bounded form. c. feasible form. d. alternative form.
Which of the following is NOT a disadvantage of going public:
a) Officers must disclose holdings b) Managing investor relations is time-consuming c) Makes it more feasible to use stock as employee incentives d) A small new issue may not be actively traded, so market-determined price may not reflect true value e) Special “deals” to insiders will be more difficult to undertake