4.In preparing a cash flow forecast, a firm is likely to employ a minimum acceptable cash balance: A) of zero. B) that includes a component for opportunities that may arise. C) equal to the amount necessary to pay projected payables, interest, taxes, and day-to-day expenses. D) which includes estimated expenses and a margin for unforeseen expenses only.
5.Projected net capital expenditures and financing decisions are most important as a component of a firm’s:
A) pro-forma income statement. B) expected operating cash flows. C) long-term cash flow forecast. D) balance of payments.
6.Which of the following statements regarding long-term forecasts of cash flows is most accurate? Long-term cash flow forecasts are:
A) constructed from recent daily and weekly cash flows. B) are usually more accurate than short term cash flow forecasts. C) based on pro-forma balance sheet projections for future years. D) are constructed without considering future financing decisions. | 
发表于 2008-4-9 10:05
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