Because companies always have inventory and accounts receivable, most banks are happy to make long term loans
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 71% (14 reviews)
The statement isnt true Although firms always have inventory and ...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Question Posted:
Students also viewed these Finance questions
-
Select true or false for the following statements. 1. Inventory and accounts receivable are both carried at net realizable value. 2.Restricted cash should be reported on the balance sheet as part of...
-
Support or refute the following: "In the long run the firm's producer surplus and profits will be equal."
-
Most golfers are probably happy to play 18 holes of golf whenever they get a chance to play. Ben Winter, a club professional, played 306 holes in 1 day at a charity golf marathon in Stevens,...
-
What are the values of the engineering economy symbols P, F, A, i, and n in the following functions? Use a question mark for the symbol that is to be determined. (a) NPER (8%, 1500,8000,2000) (b) FV...
-
The correlation matrix obtained for the variables SBP (Y), AGE (X1), SMK (X2), and QUET (X3), using the data from Problem 2 in Chapter 5, is given by a. Based on this matrix, which of the independent...
-
PLP is a cofactor for a number of enzymes involved in amino acid metabolism. Give an example of reaction in which PLP participates in cleavage of the a, b, and c bonds of an amino acid, as diagrammed...
-
P(1.12 < z < 1.75) Find the indicated probability using the standard normal distribution. If convenient, use technology to find the probability.
-
Jen Ahrens is a part-time artist who produces exquisite Japanese calligraphy prints on rice paper. Jen typically makes 50 prints per month and sells most of the prints for $75 each. Jen estimates...
-
Defines the following concepts: a. Regular education b. Special education c. Individualized Educational Program (PEI) d. Individualized Transition Plan (PIT) e, Individualized Pre-employment Plan...
-
PHASE 4 : Because the corrective action was taken to eliminate the special cause of variation, Natalie removes the data for batch 17 from the analysis. The control charts for the remaining days...
-
The Spitfire Model Airplane Company has the following modified income statement ($000) at 100,000 units of production. Revenue............. $10,000 Variable Cost ........... 6,500 Fixed Cost...
-
Outline the costs and benefits involved in the trade-off between a tighter versus a looser receivables policy.
-
Define marginal product of capital, or MPK. How can the MPK be shown graphically?
-
One method of reducing the maximum temperature in an engine is to run with a rich mixture. A spark-ignition engine with a compression ratio of 10:1, operating on the Otto cycle, runs on a rich...
-
A gas engine is operated on a stoichiometric mixture of methane \(\left(\mathrm{CH}_{4} ight)\) and air. At the end of the compression stroke, the pressure and temperature are \(10 \mathrm{bar}\) and...
-
A closed vessel of \(0.15 \mathrm{~m}^{3}\) capacity contains a mixture of methane \(\left(\mathrm{CH}_{4} ight)\) and air, the air being \(20 \%\) in excess of that required for chemically correct...
-
A gas injection system supplies a mixture of propane \(\left(\mathrm{C}_{3} \mathrm{H}_{8} ight)\) and air to a spark-ignition engine, in the ratio of volumes of 1:30. The mixture is trapped at \(1...
-
How can the equation of state in the form of a relationship between pressure, volume and temperature be used to extend limited data on the entropy of a substance. A certain gas, A, has the equation...
-
According to surveys, there are college students who think that Africa is in North America. But anyone who thinks that has no knowledge of geography. It follows that there are college students who...
-
Find the cross product a x b and verify that it is orthogonal to both a and b. a = (t, 1, 1/t), b = (t 2 , t 2 , 1)
-
In Example 12.3, how will the maximum height, \(z_{1}\), that the pump can be located above the water surface change if the water temperature is decreased to \(40^{\circ} \mathrm{F}\)? Example 12.3 A...
-
Explain the rationale behind the NPV method in your own words. Why is a higher NPV conceptually better than a lower one?
-
Projects A and B have approximately the same NPV. Their initial outlays are similar in size. Project A has early positive cash flows, and little or nothing is expected to come in later on. Project B...
-
Suppose the present value of cash ins and outs is very close to balanced for a project to build a new $50 million factory, so that the NPV is +$25,000. The same company is thinking about buying a new...
-
Shahid Pakistan Limited (SPL) is engaged in the production of three products: J, K and L. Following is the extract from its latest annual management accounts: Description J Products K Total L Units...
-
John Company produces hats and sells them for $100 each. His cost to produce the hats are: DM 20 per unit DL 30 per unit VMOH 10 per unit FMOH 40,000 Selling expenses are $5 per unit and are all...
-
John Company produces hats and sells them for $100 each. His cost to produce the hats are: DM 20 per unit DL 30 per unit VMOH 10 per unit FMOH 40,000 Selling expenses are $5 per unit and are all...
Study smarter with the SolutionInn App