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Author Question: Transit float is caused by A) the time required for the firm to process remittance checks. B) ... (Read 45 times)

lindiwe

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Transit float is caused by
 
  A) the time required for the firm to process remittance checks.
  B) the time funds are not available, through the company's bank account, until its payment
  check has cleared the banking system.
  C) the elapsed time from the moment a customer mails his remittance check until the firm begins
  to process it.
  D) the time necessary for a deposited check to clear the banking system and become usable funds
  to the company.

Question 2

According to the moderate view of capital costs and financial leverage, as the use of debt financing
  increases,
 
  A) there is an optimal level of debt financing.
  B) the cost of capital continuously increases.
  C) the cost of capital continuously decreases.
  D) the cost of capital remains constant.


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janeli

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lindiwe

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Reply 2 on: Jul 10, 2018
YES! Correct, THANKS for helping me on my review


nathang24

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Reply 3 on: Yesterday
Excellent

 

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