A cumulative cash deficit indicates a firm:
A) has at least a short-term need for external funding.
B) is facing long-term financial distress.
C) will go out of business within the year.
D) is capable of funding all its needs internally.
E) is using its cash wisely.
A) has at least a short-term need for external funding.
You might also like to view...
Which internal control(s) would you recommend to prevent the following situations from occurring?a. While entering the details about a large credit sale, a clerk mistakenly typed in a nonexistent account number. Consequently, the company never received the payment from this customer.b. A customer filled in a wrong account number on the remittance advice. Consequently, a clerk entered the same number into the system, and the payment was credited to another customer's account.c. After processing a large sales transaction, the inventory records showed negative quantities on hand for several items.
What will be an ideal response?
Section 8(b)(1)(B) of NLRA protects employers from:
a. willful misconduct. b. union coercion. c. defamation. d. criminal conspiracy.
The primary motivation for starting a new business should be to make as much money as possible.
Answer the following statement true (T) or false (F)
Which of these survey conclusions, if true, indicates a need to retrain employees at these locations?
A) Average prices of items in the meat department were higher than those at the grocer's competitors. B) Customers overwhelmingly lived within a ten-mile radius of the Shopper's Pride location that they patronized. C) The staff at the ten locations is comparable in level of experience to stores company-wide. D) Profits declined an average of 13 percent among the ten stores. E) Customers felt that checkout clerks and other personnel were "frequently" impersonal or unhelpful.