If an investment in a new asset results in a change in current assets that exceeds the change in current liabilities, this change in net working capital represents an initial cash outflow

Radon is an inert, colorless, and odorless gas found in soil and rock formations.

a. true b. false

Your corporate financial manager has decided to liquidate securities to provide for cash needs in units of $50,000. Is that amount of cash consistent with annual cash needs of $2,500,000, costs per sale of $30, and annual T-bill rate of 6 percent?

A) no, sales amount should be increased to $60,000 B) no, sales amount should be decreased to $35,000 C) yes, that amount is appropriate D) no, sales amount should be decreased to $5,000