One major risk a firm assumes in an aggressive financing strategy is ________
A) the possibility that collections will be slower than expected
B) the possibility that long-term funds may not be available when needed
C) the possibility that short-term funds may not be available when needed
D) the possibility that it will run out of cash
C
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Parrish Farms produces homemade cheese. Last year, it managed to exceed its target ROI for the current fiscal year. The following results were found on its financial statements: Gross Revenues: $250,000 Total Assets: $500,000 Gross Profits: $100,000 Total Liabilities: $200,000 Net Profits after Tax: $ 50,000 Owner's Equity: $300,000 What was the actual return on investment (ROI) for Parrish Farms?
a. 6.67 percent b. 10 percent c. 28 percent d. 22 percent
When the difference is deemed to be important and useful to the marketing manager, then it has practical significance
Indicate whether the statement is true or false