Your Corporate Financial Manager Has Decided to Liquidate Securities to Provide

question 119

Multiple Choice

Your corporate financial manager has decided to liquidate securities to provide for cash needs in units of $50,000.Is that amount of cash consistent with annual cash needs of $2,500,000, costs per sale of $30, and annual T-bill rate of 6 percent?

• A)Yes, that amount is appropriate
• B)No, sales amount should be increased to $60,000
• C)No, sales amount should be decreased to $35,000
• D)No, sales amount should be decreased to $5,000

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Definitions:

Straight Males

Men who are romantically and sexually attracted exclusively to women.

Straight Females

Women who are exclusively attracted to men, implying a heterosexual orientation.

Evolutionary Psychology

An approach in psychology that examines the ways in which human psychological traits and behaviors have been shaped by evolutionary processes.

Behavior Patterns

Repeated sets of actions or reactions exhibited by individuals in response to particular situations or stimuli.