Author Question: Day-to-day cash management is one of the fundamental concepts that a nonfinancial manager should ... (Read 17 times)

rlane42 · **on:** Jul 11, 2018

Day-to-day cash management is one of the fundamental concepts that a nonfinancial manager should understand in order to:

A) better assess the e current environment in which the firm operates.
B) better assess future financing requirements.
C) better understand the role of capital markets in raising long-term funds.
D) better measure and create value for the shareholders.

Question 2

Based on the information in Table 4-1, the times interest earned ratio is

A) 12.33 times. B) 23.75 times. C) 32.33 times. D) 19.00 times.