Quiz Ch 19 – Identifying Non-Uses of Cash
Fundamentals of Corporate Finance
Brealey, Myers, and Marcus
10th Edition
Which is NOT considered a cash outflow?
Which is NOT considered a cash outflow?
Which is NOT a step in constructing a cash budget?
Which results in a decrease in the firm’s cash holdings?
Which action would result in a rise in the firm’s cash balance?
What describes the typical characteristics of money market securities?
What best defines a lockbox?
What is the term for an investment made by Mackenzie Bakery in which they purchase a U.S. Treasury bill with the understanding that the seller will buy it back at a slightly higher price tomorrow?
What term is used to describe the managerial strategy when they consistently function as short-term lenders?
What actions or recommendations are suggested by the Miller-Orr model?
What is the likely action for a firm with a middle-of-the-road policy for long-versus short-term financing during a temporary cash insufficiency?