Question 1 The portion of current assets financed through long-term financing is referred to as the:

Question 2 One type of investment that would not be suitable for marketable securities would be:

Question 3 A firm can reduce its cash conversion cycle by

Question 4 A mercantile credit bureau serves primarily as a (n):

Question 5 Marketable securities are held primarily to meet:

Question 6 Holding all other factors constant, if a firm increases its current liabilities relative to total assets,

Question 7 As sales increase over time, assets will increase at the same growth rate so long as the

Question 8 In a perfect world, a firm would prefer to have a

Question 9 The objective of managing current assets and liabilities is to

Question 10 If a firm purchases materials on credit and thus has accounts payable, its cash conversion cycle will be:

Question 11 The most important form of short-term business financing is:

Question 12 The factor, unlike the commercial finance company:

Question 13 Which of the following are typical financing strategies used by businesses?

Question 14 The most important reason for directly issuing or using commercial paper dealers is:

Question 15 The purchaser may deduct 2% from the purchase price if payment is made within 10 days; but if not paid within 10 days, the net amount of the purchase is due within 30 days. The sale is made on what terms?

Question 16 Which of the following short-term sources of funds is available only to the financially strongest concerns?

Question 17 Commercial paper issued by large U.S. corporations is backed by:

Question 18 Commercial banks lend unsecured short-term funds in the following three basic ways:

Question 19 Firms who wish to obtain short-term secured loans generally have two major current assets available as collateral in the form of:

Question 20 Commercial finance companies obtain loanable funds: