Author Question: Cash budget is a statement of a firm's planned inflows and outflows of cash that is used to estimate ... (Read 254 times)

leo leo · **on:** Jul 10, 2018

Cash budget is a statement of a firm's planned inflows and outflows of cash that is used to estimate its long-term cash requirement.

Indicate whether the statement is true or false

Question 2

If the expected return is less than the required return, investors will sell the asset, because it is not expected to earn a return commensurate with its risk.

Indicate whether the statement is true or false