Author Question: The finance manager advises the CEO, We've got a short-term cash-flow problem. We can draw on our ... (Read 56 times)

jhjkgdfhk · **on:** Jul 14, 2018

The finance manager advises the CEO, We've got a short-term cash-flow problem. We can draw on our line of credit, and the interest rate is only 2.5. If we sell our accounts receivable, it'll cost us 3. I recommend drawing on our line of credit. Which consideration is evaluating financing options does this illustrate?
A) Amount of financing
B) Influence on company operations
C) External factors
D) Term of financing
E) Cost of financing

Question 2

During orientation for your new job, you find out that the company offers both 401(k) and employee stock ownership plans. This portion of your compensation is called:
A) a commission.
B) profit sharing.
C) an incentive.
D) a wage.
E) benefits.