For Each of the Performance Objectives Listed Below,state the Related

question 119

Essay

For each of the performance objectives listed below,state the related financial objective term.
a.To use debt effectively without jeopardizing the company's future.
b.To earn a satisfactory net income.
c.To be able to pay bills when due and meet unexpected needs for cash.
d.To use all of the company's assets in a way that maximizes revenues while minimizing investment.
e.To use current assets and current liabilities in a way that supports growth in revenues with minimum investment.

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Definitions:

Birth Control Pills

Hormonal medications taken orally by women to prevent ovulation and thereby avoid pregnancy.

Abstinence

The practice of refraining from some or all aspects of sexual activity for medical, psychological, legal, social, financial, philosophical, or religious reasons.

Condoms

Barrier forms of contraception made of latex, polyurethane, or lambskin that cover the penis during sexual activity to prevent pregnancy and reduce the risk of sexually transmitted infections.

Contraception

Methods or devices used to prevent pregnancy as a result of sexual intercourse.