McqMate
Q. |
Risk, as it relates to working capital, means that there is jeopardy to the firm for not maintaining sufficient current assets to __________. |
A. | meet its cash obligations as they occur and take advantage of prompt payment discounts |
B. | support the proper level of sales and take prompt payment discounts |
C. | maintain current and acid-test ratios at or above industry norms |
D. | meet its cash obligations as they occur and support the proper level of sales |
Answer» D. meet its cash obligations as they occur and support the proper level of sales |
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