Optimizing cash balances involves the equating of:
A) marginal benefits and marginal opportunity costs
B) accounts receivable and accounts payable
C) total benefits and total opportunity costs
D) average benefits and average opportunity costs
Ans: A) marginal benefits and marginal opportunity costs
You might also like to view...
A contract for the purchase of a commercial building on the condition that the buyer find satisfactory leases is:
a. illusory b. an enforceable contract c. and unenforceable contract d. both a bilateral and a unilateral contract
A broker who solicits and accepts a deposit on the purchase price of a parcel of real property without express written authorization from the owner to sell the property, is:
A: Guilty of violation of his fiduciary duty to the owner; B: Guilty of commingling a customer's funds with his own; C: Acting under a restricted listing; D: Acting as agent for the buyer and not the seller.