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标题: Reading 46: Working Capital Management LOSa习题精选 [打印本页]

作者: honeycfa 时间: 2010-4-21 10:45 标题: [2010]Session 11-Reading 46: Working Capital Management LOSa习题精选

LOS a: Describe primary and secondary sources of liquidity and factors that influence a company's liquidity position.

An example of a secondary source of liquidity is:

A)
cash flow management.

B)
negotiating debt contracts.

C)
trade credit and bank lines of credit.

Secondary sources of liquidity include negotiating debt contracts, liquidating assets, and filing for bankruptcy protection and reorganization. Primary sources of liquidity include ready cash balances, short-term funds (e.g., trade credit and bank lines of credit), and cash flow management.

作者: honeycfa 时间: 2010-4-21 10:46

The condition that occurs when a company disburses cash too quickly, stretching the company’s cash reserves, is best described as a:

A)
drag on liquidity.

B)
liquidity premium.

C)
pull on liquidity.

When cash payments are made too quickly, the condition is known as a pull on liquidity. A drag on liquidity occurs when cash inflows lag.

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