Multiple Choice
As sales increase, a company needs more inventory and more employees resulting in ________.
A) more accounts payable and accruals, and therefore increasing its spontaneous liabilities
B) less accounts payable and accruals, and therefore decreasing its spontaneous liabilities
C) more accounts payable and accruals, and therefore decreasing its spontaneous liabilities
D) less accounts payable and accruals, and therefore increasing its spontaneous liabilities
Correct Answer:
Verified
Correct Answer:
Verified
Q159: The pledging cost of accounts receivable is
Q160: Spontaneous liabilities such as accounts payable and
Q161: The outright sale of accounts receivable at
Q162: A firm arranges a discount loan at
Q163: Although more expensive than a line of
Q165: A firm issued $2 million worth of
Q166: When a firm stretches accounts payable without
Q167: _ are the major source of unsecured
Q168: Which of the following are the three
Q169: The interest paid by the issuer of