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Corporate Finance Study Set 12

Business

Quiz 27 :

Short-Term Finance and Planning

Quiz 27 :

Short-Term Finance and Planning

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A fraction of the available credit on a loan agreement deposited by the borrower with the bank in a low or non-interest-bearing account is called a:
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A

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Cash flow from operations equals:
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E

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StarrKnight Corporation's statement of financial position and Income Statement as shown below: img img (all sales and purchases are credit) The inventory turnover ratio for 2018 is (use average inventory):
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B

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StarrKnight Corporation's statement of financial position and Income Statement as shown below: img img (all sales and purchases are credit) The average inventory in 2018 is (in thousands of dollar):
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Which of the following is not included in current assets?
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The inventory turnover for the Sneeky Company is 8 times and its day's sales outstanding is 55. The average payables deferral period (or turnover) is 7.5. What is the cash cycle for Sneeky given a 365-day year.
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If the average accounts receivable that a firm holds decreases without any decrease in credit sales, the operating cycle will:
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Which of the following would not be a short-run operating activity or decision?
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The definition of cash in terms of other statement of financial position items is:
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Net working capital is defined as:
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Which of the following statements is not true?
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The cash cycle is defined as the time between:
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Which of the following is not included in current liabilities?
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Sources of cash do not include:
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Flexible short term financial policies are not characterized by:
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The inventory turnover for the Sneeky Company is 8 times and its day's sales outstanding is 55. What is the operating cycle for Sneeky given a 365-day year.
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Which one of the following will decrease the net working capital of a firm? Assume that the current ratio is greater than 1.0.
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A firm currently has a 36 day cash cycle. Assume that the firm changes its operations such that it decreases its receivables period by 4 days, increases its inventory period by 1 day and decreases its payables period by 2 days. What will the length of the cash cycle be after these changes?
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Assets are classified as current or long term based on:
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If the use of supplier financing decreases and is replaced by cash financing for the same level of business activity, the cash cycle will:
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