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Exam (elaborations)

Fin 340 NAU Exam 2 Questions and Answers

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  • North Arizona University Tests 2024
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  • North Arizona University Tests 2024

Fin 340 NAU Exam 2 Questions and Answers True/False:Working capital management has to do with managing current asset and current liability accounts - ANSWER-True True/False:Working capital management is more important for larger firms than smaller businesses - ANSWER-False True/False:There is...

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  • October 30, 2024
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  • Exam (elaborations)
  • Questions & answers
  • North Arizona University Tests 2024
  • North Arizona University Tests 2024
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Fin 340 NAU Exam 2 Questions and

Answers


True/False:Working capital management has to do with managing current asset and current liability

accounts - ANSWER✔✔-True


True/False:Working capital management is more important for larger firms than smaller businesses -

ANSWER✔✔-False


True/False:There is a close relationship between growth and the need to finance current assets -

ANSWER✔✔-True


True/False:Small business mainly rely on long-term credit and are not concerned with short-term loans

and trade credit - ANSWER✔✔-False


True/False:There is no consequence to holding large amounts of cash within the firm - ANSWER✔✔-

False


True/False:Firms can profit by holding less cash - ANSWER✔✔-True


True/False:An aggressive working capital policy would finance large amounts of current assets with

mainly long-term debt - ANSWER✔✔-False

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