Short term self liquidating loans are intended to
International cash management is more complex than domestic based cash management because of A. that allows companies to maintain zero balances in their checking accounts, with their excess cash moved into an interest earning account. that allows companies to write checks on zero balance accounts with the understanding that when the check is presented for payment, money will be moved from the interest bearing account to the appropriate payment account. that allows companies to move their lock box collections into an interest bearing checking account. When actual sales are greater than forecasted sales A. production schedules might have to be revised upward. Characteristics of a money market deposit account include A. generally a limit of three deposits or withdrawals per month. Inventory is usually divided into three basic categories except A. assumes that delivery times of each order are consistent.
Working capital management is primarily concerned with the management and financing of A. the working capital associated with a product will be liquidated within a one year period. all the product will be sold, receivables collected and bills paid over the time period specified. assets associated with the production of a product will be liquidated over the depreciable life of the assets. self-liquidating assets be financed by long-term sources of capital. The concept of a self-liquidating asset implies that A. helps the firm plan its current asset levels for a given production plan. makes managing inventory easier under seasonal production. illustrates fluctuating levels of current assets for a given production plan. The term structure of interest rates is influenced by A. measuring investor sentiment and consumer confidence indices D.
Which of the following securities trades on a discount basis?