Bfin 350 chp 20 - Study guides, Class notes & Summaries

BFIN 350 CHP 20 Exam Questions and Answers All Correct What is the basic objective of cash management? - Answer-It is to keep the investment in cash as low as possbile while still keeping the firm operating efficiently and as effectively as possible. What is the goal of cash management? (hint: think AR and AP) - Answer-The goal of cash management is to collect early and pay late What are the 3 reasons John Maynard Keynes identified as being reasons why liquidity is important? - Answer-1)...

BFIN 350 CHP 20 Exam Questions and Answers All Correct What is the basic objective of cash management? - Answer-It is to keep the investment in cash as low as possbile while still keeping the firm operating efficiently and as effectively as possible. What is the goal of cash management? (hint: think AR and AP) - Answer-The goal of cash management is to collect early and pay late What are the 3 reasons John Maynard Keynes identified as being reasons why liquidity is important? - Answer-1...

BFIN 350 CHP 20 Exam Questions and Answers All Correct What is the basic objective of cash management? - Answer-It is to keep the investment in cash as low as possbile while still keeping the firm operating efficiently and as effectively as possible. What is the goal of cash management? (hint: think AR and AP) - Answer-The goal of cash management is to collect early and pay late What are the 3 reasons John Maynard Keynes identified as being reasons why liquidity is important? - Answer-1) ...

BFIN 350 CHP 20 TEST QUESTIONS WITH ALL CORRECT ANSWERS If the net float is , the firms disbursment float exceeds its collection float and its available balance in bank exceeds its book balance. It is as the bank thinks the firm has more cash than it really does and this of course is desirable - Answer-positive, positive If the bank balace is less than the book balance, the firm has a float - Answer-net collection float Why is a net collection float undesirable? - Answer-It is undesirabl...