If the cash budget of a company shows a cash shortage, the company would most likely
A) arrange to take out a short-term loan.
B) cut salaries of employees.
C) sign up for fewer orders so that it could control costs.
D) lay off employees for that period.
A
Business
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A one-year zero-coupon bond yields 4.0%. The two- and three-year zero-coupon bonds yield 5.0% and 6.0% respectively. The one-year spot rate r(1) = 4%, the forward rate for a one-year loan beginning in one year is 6%, and the forward rate for a one-year loan beginning in two years is 8%. Which of the following rates is closest to the three-year spot rate?
A. 4.0% B. 6.0% C. 8.0%
Business
Formal experimentation produces data suggesting causes and effects
Indicate whether the statement is true or false
Business