Finance

A ________ is an agreement between a commercial bank and a business th

A ________ is an agreement between a commercial bank and a business that states the maximum amount of unsecured short-term borrowing the bank will make available to the firm over a given period of time, provided sufficient funds are available. A) revolving credit agreement B) line of credit C) commercial paper D) single payment note […]

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Date: September 19th, 2020

Which of the following is NOT a question related to an industry analys

Which of the following is NOT a question related to an industry analysis? A) How close is the firm to full capacity? B) In what industry life cycle is the firm? C) How profitable is the industry? D) What are the overall prospects for revenue frowth and increased profitability in the industry?     ANSWER […]

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Date: September 19th, 2020

All of the political factors can give managers further insights into t

All of the political factors can give managers further insights into the opportunities and risks facing a particular industry EXCEPT: A) favorable tax changes or incentives in the industry. B) pending and new government relations. C) nature and intensity of competition. D) demographic changes in the population.     ANSWER C

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Date: September 19th, 2020

Your firm borrows money from the bank on a short-term note due in 9 mo

Your firm borrows money from the bank on a short-term note due in 9 months. This type of financing would be most appropriate for which of the following activities? A) The support of accounts receivable B) The construction of a new warehouse C) The support of accounts payable D) The financing of new equity   […]

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Date: September 19th, 2020