Author Question: Predicting a firm's future financial needs includes all of the following steps EXCEPT A) review ... (Read 73 times)

jessicacav

  • Hero Member
  • *****
  • Posts: 558
Predicting a firm's future financial needs includes all of the following steps EXCEPT
 
  A) review of the firm's sales revenues and expenses over all past planning periods.
  B) estimation of investment levels for current and fixed assets.
  C) estimation of projected sales and expenses.
  D) determination of the firm's financing needs for the period.

Question 2

A company concerned about the liquidity of its near-cash securities should invest in U.S. Treasury
  bills because the secondary market for U.S. Treasury bills is excellent.
 
  Indicate whether the statement is true or false


lou

  • Sr. Member
  • ****
  • Posts: 286
Answer to Question 1

A

Answer to Question 2

TRUE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

For a complete list of videos, visit our video library