Cash on the balance sheet allows a company to do which of the following and thereby avoid liquidating (selling) assets or issuing debt?
a) Finance inventory accumulation
b) Pay dividends in excess of net profits
c) Absorb a loss
d) All the above
Ans: d) All the above
Business
You might also like to view...
Ellis purchased a home with a low down payment and a long repayment term. This would most likely result in:
A: Increasing the financing cost; B: Decreasing the financing cost; C: Having no effect on the financing cost; D: Accelerating the amortization of the loan.
Business
Non-comparative scaling data are generally assumed to be interval or ratio scaled
Indicate whether the statement is true or false
Business