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28) An aggressive, risk-oriented firm will likely A. borrow

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28) An aggressive, risk-oriented firm will likely
A. borrow short-term and carry high levels of liquidity.
B. borrow long-term and carry high levels of liquidity.
C. borrow short-term and carry low levels of liquidity.
D. borrow long-term and carry low levels of liquidity.
29) Which of the following combinations of asset structures and financing patterns is likely to create the least volatile earnings?
A. Liquid assets and heavy short-term borrowing
B. Liquid assets and heavy long-term borrowing
C. Illiquid assets and heavy long-term borrowing
D. Illiquid assets and heavy short-term borrowing
30) An aggressive working capital policy would have which of following characteristics?
A. A short average collection period.
B. A high ratio of short-term debt to long-term sources of funds.
C. A low ratio of short-term debt to fixed assets.
D. A high ratio of long-term debt to fixed assets.
40) Which method of controlling pledged inventory provides the greatest degree of security to the lender?
A. Overall inventory liens
B. Warehousing
C. Blanket inventory liens
D. Trust receipts
41) From the banker's point of view, short-term bank credit is an excellent way of financing
A. fixed assets.
B. seasonal bulges in inventory and receivables.
C. repayment of long-term debt.
D. permanent working capital needs.
43) In determining the future value of a single amount, one measures
A. the future value of periodic payments at a given interest rate.
B. the present value of periodic payments at a given interest rate.
C. the future value of an amount allowed to grow at a given interest rate.
D. the present value of an amount discounted at a given interest rate.
44) As the discount rate becomes higher and higher, the present value of inflows approaches
A. 0
B. need more information
C. plus infinity
D. minus infinity
Submitted: 7 years ago.
Category: Homework
Expert:  Neo replied 7 years ago.
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