If the expected (preliminary) ending cash balance is too low, additional cash requirements appear in the budget as planned increases from ____________________.
Fill in the blank(s) with the appropriate word(s).
Ans: short-term loans
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At which stage of the international planning process would a marketing manager conduct situation analysis and make decisions involving objectives and goals, budgets, and action programs?
A. Adapting the marketing mix to target markets. B. Developing the marketing plan. C. Matching company and country needs. D. Implementation and control. E. Defining company objectives and resources.
The spot price of the market index is $900. After 3 months the market index is priced at $920. The annual rate of interest on treasuries is 2.4% (0.2% per month). The premium on the long put, with an exercise price of $930, is $8.00
What is the profit or loss at expiration for the long put? A) $2.00 gain B) $2.00 loss C) $1.95 gain D) $1.95 loss