The three main working capital strategies, namely aggressive, conservative, and moderate, differ primarily in the:?
A. ?relative amounts of short-term debt used.
B. ?minimum level of permanent current assets.
C. ?relative amount of long-term debt versus equity used to finance permanent current assets.
D. ?average level of temporary current assets.
E. ?amount of trade credit used.
Answer: A
You might also like to view...
_______________ is a proactive influence tactic that makes a reciprocal or quid pro quo agreement which benefits both.
a. Ingratiation b. Exchange tactics c. Personal appeal d. Apprising
Adam borrows $4,500 at 12 percent annually compounded interest to be repaid in four equal annual installments. The actual end-of-year payment is ________
A) $ 942 B) $1,125 C) $1,482 D) $2,641
Two years ago, Mathew purchased a 10 year government bond with a yield of 4.75%. Today, the interest rate on government bonds with 8 years to maturity is 3.5%. If Mathew sells his bond today, he most likely will
A) realize a capital gain. B) realize a capital loss. C) sell the bond at face value. D) sell the bond at par value.
In a breach of warranty case, the buyer must
A. notify the seller of defects within a reasonable time. B. bring any lawsuit no later than three years after the defect was discovered. C. extend the statute of limitations in writing rather than orally if he chooses to allow a longer time for bringing suit. D. notify the seller of defects within six months of his discovery or he cannot bring a lawsuit.