The three motives for holding cash are:
A) float reduction, precautionary, and speculative.
B) buffer stock, speculative, and transactional.
C) speculative, transactional, and precautionary.
D) float reduction, buffer stock, and transactional.
E) convenience, transactional, and precautionary.
C
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In the transportation model, the reduced costs indicate:
a. The cost-per-unit change so that a shipment can be assigned to routes that do not have any assignment in the current solution. b. The cost-per-unit change so that a shipment cannot be assigned to routes that currently have assignments. c. Either a or b d. Neither a nor b
Ethical codes of conduct can set the ethical tone of a firm.?
Indicate whether the statement is true or false
Spending tomorrow's income today is what?
A) Is wise financial planning B) Results in long-term savings since money is worth more today C) Reduces the number of money fights among spouses and partners D) Takes away one's future choices E) All of the answers are correct
Most financial experts will agree that net present value is the best capital budgeting method. However, even NPV can be unreliable when projecting project results. Explain why this is so.
What will be an ideal response?