Author Question: Predicting a firm's future financial needs includes all of the following steps EXCEPT A) review ... (Read 47 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?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

For a complete list of videos, visit our video library