If a firm wishes to invest cash that might be needed at short notice in the very near future, they would be most likely to invest in which of the following securities?
A) Treasury bills
B) certificates of deposit
C) repurchase agreements
D) banker's acceptances
Answer: A
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A ________ is a short-term, unsecured promissory note issued by firms with a high credit standing. These notes are primarily issued by commercial finance companies
A) line of credit B) commercial paper C) revolving line of credit D) T-bill
Which of the following, if true, might justify the relocation as a prudent move from the human resource point of view?
A) Developing a Facebook page made the business known to a large group of potential customers living in a much wider regional area. B) Federal crime reports show that the greater metro area has seen an increase in car thefts. C) The new location is located near a major freeway interchange. D) Fantasy action figures are often remaindered for below wholesale cost because their popularity is short-lived. E) Anonymous notes in the firm's suggestion box repeatedly cited cramped conditions and lack of privacy as the most annoying factors in working conditions at the present site.