A firm's treasurer likes to be in a position to raise funds to support operations whenever such funds are needed, even in "bad times". This is called "financial flexibility," and the lower the firm's debt ratio, the greater its financial flexibility, other things held constant.
a. True
b. False
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A firm's treasurer likes to be in a position to raise funds to support operations whenever such funds are needed, even in "bad times". This ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Undercover volunteers who pose as prospective buyers or renters and visit or telephone real estate sales or rental offices to determine whether customers are being treated equally, are called
Answers (1)
Private organizations that work to change policy using lobbyists, phone calls to elected officals, and other methods are called
Answers (1)
Explain how the competitive labor market functioned before the buyout of the independent farms. How was the wage rate and quantity of workers employed in the market determined?
Answers (1)
Assume that the total cost of a project is $570,000 and that it is fully depreciable using a straight-line method over 6 years. There is also a total working capital need of $75,000, and the terminal value is $0.
Answers (1)
If investors are risk averse and hold only one stock, we can conclude that the required rate of return on a stock whose standard deviation is 0.21 will be greater than the required return on a stock whose standard deviation is 0.10.
Answers (1)
New Questions in Business
Privatisation leads to ... A) Lower productivity and lower profit B) Higher productivity and higher profit C) Higher productivity and lower profit D) lower producitivity and lower profit
Answers (1)
As of December 31, 2019, Armani Company's financial records show the following items and amounts. Cash $ 10,000 Accounts receivable 9,000 Supplies 6,000 Equipment 5,000 Accounts payable 11,000 A. Armani, Capital, Dec. 31, 2018 16,000 A.
Answers (1)
Which of the following is true of development? It does not consider changes in technology, work design, and new customers in its modules. It focuses primarily on the current requirements of a job.
Answers (1)
Javier is the business manager at his college. In his role, Javier makes a lot of business decisions. Javier has installed a vending machine in a dorm for soft drinks. The machine rents for $200 a month and the electrical use is minimal.
Answers (1)
If the economy starts to boom and loan demand picks up, what do you predict will happen to the money supply?
Answers (1)