A Services Firm Does All Its Business in Cash Only

question 83

Multiple Choice

A services firm does all its business in cash only.The firm projects a cash balance of of $3000 in its account after all taxes and costs are paid.The owners plan to invest $8000 and pay a dividend of $1000.How much net new financing is needed?

• A)$4000
• B)$5000
• C)$6000
• D)$7000
• E)$8000

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Definitions:

Beyond Compliance Leadership Strategy

An approach in organizational leadership that exceeds regulatory and legal requirements, focusing on ethical practices and sustainability.

Environmental Cost Leadership Strategy

A business approach that aims at achieving competitive advantage through efficient practices that lower environmental costs and impacts.

Environmental Regulations

Laws and guidelines designed to protect the environment from harmful pollutants and practices.

Beyond Compliance Leadership

A leadership approach that focuses on exceeding the basic legal and regulatory requirements in business practices to achieve greater sustainability and ethical standards.