Fin 340 nau - Study guides, Class notes & Summaries

List 4 reasons for a firm would hold cash and marketable securities - ️️1 Transaction balances 2 Compensating balances 3 Pre-cautionary balance 4 Speculative purposes Complete the following statements with "increase" or "decrease": An increase in Inventory conversion period will _________ the CCC - ️️increase True/False:Working capital management is more important for larger firms than smaller businesses - ️️False True/False:There is a close relationship between ...

Fin 340 NAU Exam 2- Questions and Answers

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 tr...