Solved

-The Firm Has a Total Financing Requirement Of_________for the Period

Question 24

Multiple Choice

 Sportif, Inc.  Month  Sales  Disbursements  January $5,000$6,000 February 6,000$7,000 March 10,000$4,000 April 10,000$5,000 May 10,000$5,000\begin{array}{l}\text { Sportif, Inc. }\\\begin{array} { l r l } \text { Month } & \text { Sales } & \text { Disbursements } \\\hline \text { January } & \$ 5,000 & \$ 6,000 \\\text { February } & 6,000 & \$ 7,000 \\\text { March } & 10,000 & \$ 4,000 \\\text { April } & 10,000 & \$ 5,000 \\\text { May } & 10,000 & \$ 5,000\end{array}\end{array}
-The firm has a total financing requirement of_________for the period from January through May. (See Figure 4.1)


A) $0
B) $1,250
C) $750
D) $1,750

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions