subject
Business, 08.11.2019 01:31 nicolebastidas

Cash is considered an idle asset because it does not earn interest. good financial management requires a firm to hold a limited amount of cash, but it is important for the firm to hold sufficient cash so that it can pay its current obligations, maintain its credit rating, and meet its unexpected cash needs. the following statement refers to a type of cash balance. select the best type of cash balance to complete the sentence: a cash balance is held to take care of the firm’s day-to-day operations, such as paying wages and purchasing supplies. consider the following case of san jose assemblers inc.: imagine that san jose assemblers inc. is a manufacturing company. san jose’s chief financial officer is concerned about the risk of fluctuations in the latest cash forecast that was prepared for san jose. to mitigate the risk, the cfo has increased the cash balance on hand as a type of safety net if the forecast is not met. what type of cash balance is this?

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 01:20
As a project manager for a large construction company, shaun decided to make the performance appraisal process as painless as possible for his crew. he spent a considerable amount of time creating performance standards he felt were reasonable, and after six months' time, he scheduled individual appointments with each worker to discuss strengths and weaknesses and areas that needed improvement according to the standards he privately set. some employees were sent to vestibule training, and one even got a promotion with additional compensation. what did he fail to do correctly
Answers: 2
question
Business, 22.06.2019 05:40
Grant, inc., acquired 30% of south co.’s voting stock for $200,000 on january 2, year 1, and did not elect the fair value option. the price equaled the carrying amount and the fair value of the interest purchased in south’s net assets. grant’s 30% interest in south gave grant the ability to exercise significant influence over south’s operating and financial policies. during year 1, south earned $80,000 and paid dividends of $50,000. south reported earnings of $100,000 for the 6 months ended june 30, year 2, and $200,000 for the year ended december 31, year 2. on july 1, year 2, grant sold half of its stock in south for $150,000 cash. south paid dividends of $60,000 on october 1, year 2. before income taxes, what amount should grant include in its year 1 income statement as a result of the investment?
Answers: 1
question
Business, 22.06.2019 08:20
(05.04 mc) a 2012 report from the u.s. surgeon general stated: "another common practice is strategically locating tobacco-related marketing materials where young children will be exposed to them. tobacco industry executives acknowledge that products and advertising should be placed at eye level (pollay 2007), but in california, 48% of stores had at least one cigarette marketing item at or below 3 feet from the floor (feighery et al. 2001)." it was also noted that 25% of cigarette displays were next to candy. in addition, a national study found that about one-third of the stores had tobacco ads at low heights. after california banned counter displays, some stores place cigarettes in transparent displays so product brands could still be seen. why did some stores use transparent units to display the cigarettes? (3 points) to comply with the new rules while still encouraging cigarette purchases via visual exposure to ensure children and minors are not exposed to cigarettes and their eye-catching packaging to minimize exposure to humidity, extending the shelf life of the cigarettes' tobacco to reduce the occurrence of shoplifting, since cigarettes are high-revenue items
Answers: 3
question
Business, 22.06.2019 20:40
Which of the following would indicate an improvement in a company's financial position, holding other things constant? a. the inventory and total assets turnover ratios both decline.b. the debt ratio increases.c. the profit margin declines.d. the times-interest-earned ratio declines.e. the current and quick ratios both increase.
Answers: 3
You know the right answer?
Cash is considered an idle asset because it does not earn interest. good financial management requir...
Questions
question
Geography, 07.01.2021 20:20
question
Physics, 07.01.2021 20:20
question
History, 07.01.2021 20:20
Questions on the website: 13722365