1 which of the following measures refers to the amount of, Ask an Expert

Finance

1. Which of the following measures refers to the amount of cash held above and beyond that which is required to cover the firm's short-term financial liabilities?

A) net liquid balance

B) cash conversion cycle

C) cash conversion efficiency

D) lambda

2. A certain investment increased in value 6% in the first year and 8% in the second year. If the value at the beginning of the first year was $10,000, what was the value at the end of the second year?

$10,700

$11,448

$11,400

$10,140

$10,740

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92639357

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