Question 1: Taking advantage of unusual cash discounts or price bargains is an example of the:
Question 2: A negative cash conversion cycle indicates that the
Question 3: A mercantile credit bureau serves primarily as a (n):
Question 4: A firm can reduce its cash conversion cycle by
Question 5: Marketable securities are held primarily to meet:
Question 6: A firm's excess cash balance during a particular month could be best deployed if it were
Question 7: The key input to the short-run financial planning process that is easiest to estimate is
Question 8: The objective of managing current assets and liabilities is to
Question 9: One type of investment that would not be suitable for marketable securities would be:
Question 10: The current ratio concept is particularly useful in:
Question 11: Commercial banks lend unsecured short-term funds in the following three basic ways:
Question 12: Which of the following are typical financing strategies used by businesses?
Question 13: If a firm actually sells its accounts receivable, the process is known as:
Question 14: Compensating balances at a commercial bank are:
Question 15: A short-term bank loan that is unsecured is referred to as:
Question 16: A short-term promissory note sold by high-credit-quality corporations and is backed solely by the credit quality of the issuer is called:
Question 17: The factoring of receivables:
Question 18: Under ___________________ a factor pays the firm for its receivables before the account due date.
Question 19: The most frequently cited justification for requiring a compensating balance is:
Question 20: The cost of trade credit involving cash discounts as a form of short-term financing is: