_______________ refers to a firm holding some cash to meet its routine expenses that are incurred in the ordinary course of business.

Related MCQs

• ____________ is the length of time between the firm’s actual cash expenditure and its own cash receipt.
• Lei-Feng, Inc.'s $100 par value preferred stock just paid its $10 per share annual dividend. The preferred stock has a current market price of $96 a share. The firm's marginal tax rate (combined federal and state) is 40 percent, and the firm plans to maintain its current capital structure relationship into the future. The component cost of preferred stock to Lei-Feng, Inc. would be closest to .
• ___________________ of a firm refers to the composition of its long-term funds and its capital structure.
• The Transaction Motive for holding cash is for
• Which of the following is not a motive for holding cash?
• A firm is said to be financially unlevered firm if the firm has ……….
• XYZ is an oil based business company, which does not have adequate working capital. It fails to meet its current obligation, which leads to bankruptcy. Identify the type of decision involved to prevent risk of bankruptcy.
• ____________ synergy refers to increase in the value of the firm that occurs to the combined firm from financial factors.
• A firm has Capital of 10,00,000; Sales of 5,00,000; Gross Profit of . 2,00,000 and Expenses of . 1,00,000. What is the Net Profit Ratio?
• A firm has a capital of Rs. 10 lakhs, sales of Rs. 5 lakhs, gross profit of Rs. 2 lakhs and expenses of Rs. 1 lakh. The Net Profit Ratio is: