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Author Question: Accrued wages and accrued taxes are considered to be A) secured sources of short-term financing. ... (Read 71 times)

lracut11

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on: Jul 10, 2018
Accrued wages and accrued taxes are considered to be
 
  A) secured sources of short-term financing.
  B) current assets.
  C) spontaneous sources of unsecured short-term financing.
  D) permanent sources of financing because companies must always pay wages and taxes.

Question 2

Capital rationing may be imposed because of all of the following EXCEPT
 
  A) management has a fear of debt.
  B) the company's stock price is at an historically high level.
  C) capital market conditions are poor.
  D) stockholder control problems prevent issuance of additional stock.
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
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Liddy

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Reply #1 on: Jul 10, 2018
Answer to Question 1

C

Answer to Question 2

B


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