A firm's cash position would most likely be helped by
A) more liberal credit policies for their customers.
B) holding larger inventories.
C) delaying payment of accounts payable.
D) purchasing land for investment purposes.
C
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An accounting information system is said to have good flexibility, if it ________.
A) works smoothly with the business's employees and organizational structure B) safeguards a business's assets and reduces the likelihood of fraud and errors C) provides information that will improve decision making and reduce uncertainty D) accommodates changes in the business over time
__________ are organizational forms in which product divisions are defined as though they were independent businesses.
A. Strategic business companies B. Free-form management units C. Matrix overlays D. Strategic business units E. Virtual corporations
Every summer, university administrators attempt to estimate how many students will show up in the fall. When August arrives, they hire part-time instructors and reassign faculty to teach the courses students want. In the spring, administrators often go on a retreat to consider how to do things differently next year. What phase of the strategic planning process do they engage in during each of the three seasons (summer, fall, and spring)?
What will be an ideal response?
Congratulations you have just won the tuition lottery! The lottery pays out four beginning-of-the-year cash flows of $50,000 each with the first cash flow today and the remaining cash flows to follow at the start of years 2, 3, and 4
Since the lottery is managed by the Fergetaboutit University system you are considering their offer of a lump sum of $160,000 today. If after considering all of he relevant economic factors, you conclude it is reasonable to use a 12% interest rate to compare these two offers. Which offer should you take and why? A) Take the lump sum because the annuity PV is only $151,867.47. B) Take the annuity because the PV of $170,091.56 is greater than the lump sum. C) Take the annuity because the PV of $238,966.40 is greater than the lump sum. D) Take the lump sum because the annuity PV is only $135,595.95.