Purposes of managing liquidity include all of the following except

A) determining how to keep the majority of your assets in liquid form.
B) having enough liquid assets to cover cash shortages.
C) maintaining adequate liquidity to avoid borrowing every time you need money.
D) maintaining just enough liquid assets to meet your needs.


Answer: A

Business

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A solvency measure that focuses specifically on the extent to which a company relies on outsiders for funds is:

a. cash flow from operations to capital expenditures ratio b. debt service coverage ratio c. times interest earned ratio d. debt-to-equity ratio

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As a company manager for Claimstat Corporation there is a 0.40 probability that you will be promoted this year. There is a 0.72 probability that you will get a promotion, a raise, or both. The probability of getting a promotion and a raise is 0.25. a.If you get a promotion, what is the probability that you will also get a raise?b.What is the probability that you will get a raise?c.Are getting a raise and being promoted independent events? Explain using probabilities.d.Are these two events mutually exclusive? Explain using probabilities.

What will be an ideal response?

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The groceries were purchased Friday night after I got off work

What will be an ideal response?

Business

Which of the following is not among the three sectors in which work is most hazardous to physical safety:

a. agriculture b. manufacturing c. construction d. transport

Business