The main objective of working capital management for a firm is to: minimize its inventory. minimize interest
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Question:
The main objective of working capital management for a firm is to:
minimize its inventory.
minimize interest expenses of the firm.
minimize its current assets.
maximize the value of the firm.
maximize its current liabilities.
*****Which of the following transactions will decrease a firm's cash balance?
The firm pays a previously declared cash dividend
The firm sells some of its marketable securities
The firm sells long-term bonds and uses the proceeds to repurchase stock
The firm sells short-term bonds and uses the proceeds to purchase raw materials
The firm collects on its receivables and purchases marketable securities
Related Book For
Basic Finance An Introduction to Financial Institutions Investments and Management
ISBN: 978-1111820633
10th edition
Authors: Herbert B. Mayo
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